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gabbywabbi gabbywabbi
wrote...
Posts: 336
6 years ago
Efficiency wages, above equilibrium minimum wage rates, and higher union wages are likely to
A) increase the natural unemployment rate.
B) increase cyclical unemployment.
C) reduce the equilibrium real wage rate.
D) increase the equilibrium real wage rate.
E) decrease the natural unemployment rate.
Textbook 
Foundations of Macroeconomics

Foundations of Macroeconomics


Edition: 8th
Authors:
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Answer verified by a subject expert
Marcie D.Marcie D.
wrote...
Posts: 177
6 years ago
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gabbywabbi Author
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6 years ago
Happy Dummy I'm impressed
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