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sm.r1 sm.r1
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6 years ago
The effects of an effective minimum wage, where the minimum wage is set above the equilibrium wage rate, are to ________ the wage rate paid workers and ________ employment.
A) raise; increase
B) raise; decrease
C) lower; increase
D) lower; decrease
E) raise; not change
Textbook 
Foundations of Macroeconomics

Foundations of Macroeconomics


Edition: 8th
Authors:
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avance37avance37
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6 years ago
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sm.r1 Author
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#2
6 years ago
Tremendous help, I just double-checked it with my friend Smiling Face with Open Mouth
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