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sora sora
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5 years ago
The figure above shows the labor market in a small town. If the government imposes a wage of $10 that firms must at least pay,
A) the government has imposed a minimum wage and market forces are not allowed to work.
B) the government has imposed an efficiency wage.
C) job search will decrease.
D) job rationing will decrease.
E) inflation will occur as wages rise.
Textbook 
Foundations of Macroeconomics

Foundations of Macroeconomics


Edition: 8th
Authors:
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wrote...
5 years ago
 A
sora Author
wrote...
5 years ago
found this very helpful thank you
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