The Minimum Wage Is a

question 96

Multiple Choice

The minimum wage is a

• A)possible cause of job rationing because it lowers wages below their equilibrium.
• B)possible cause of job search because it lowers wages below their equilibrium.
• C)government established highest wage that is legal to pay.
• D)factor that decreases unemployment because fewer people search for work if the minimum wage is increased.
• E)possible cause of job rationing because it raises wages above their equilibrium.

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Obsessive-Compulsive Disorder

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