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Lauren1 Lauren1
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Posts: 4120
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9 years ago
A minimum wage set above the equilibrium wage will
A) create a shortage of labor.
B) create a surplus of labor.
C) have no effect because the equilibrium level of employment is not affected by a minimum wage above the equilibrium wage.
D) create a lower wage rate for skilled workers than for unskilled workers.
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MrDerecheMrDereche
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#1
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9 years ago
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Lauren1 Author
wrote...
#2
9 years ago
Thank you, this really, really helps Heavy Heart
wrote...
#3
9 years ago
You're welcome!
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