Examlex
Which of the following is not a consequence of above-equilibrium wages in a labor market?
Board of Governors
The leading body of a central bank or other regulatory institution, responsible for overseeing its operations and making key decisions.
Federal Reserve
The central banking system of the United States, responsible for setting monetary policy, regulating banks, and ensuring financial system stability.
President
The elected head of a republican state or the chief executive officer of a corporation or institution.
Congress
The national legislative body of a country, specifically in the United States, made up of the House of Representatives and the Senate.
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