A Reduction in the Minimum Wage Will Tend to Cause

question 8

Multiple Choice

A reduction in the minimum wage will tend to cause which of the following?

• A)an upward shift in the WS curve
• B)a downward shift in the WS curve
• C)an upward shift in the PS curve
• D)a downward shift in the PS curve
• E) none of the above

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An island city-state off southern Malaysia, known for its global financial center, multicultural population, and strict regulations.

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