-In the Above Figure, an ________ Would Be Set ________

question 62

Multiple Choice

-In the above figure, an ________ would be set ________.

• A) efficiency wage; above $9.00 and would increase the natural rate of unemployment
• B) effective minimum wage; above $6.00.
• C) union wage; above $9.00 but would not affect the natural rate of unemployment.
• D) efficiency wage; above $6.00.
• E) efficiency wage; below $9.00

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Definitions:

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