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If Minimum Wages Are Set Above the Equilibrium Wage in the Market,then

question 63

Multiple Choice

If minimum wages are set above the equilibrium wage in the market,then the number of workers hired will be _____ the number of people who are willing to work at the prevailing wage.

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Definitions:

Navigation Pane

A user interface component typically found in applications and operating systems that allows users to easily navigate through files, directories, or features.

Link Icon

A graphical symbol used to represent a hyperlink that, when clicked, directs users to a different location or resource within an application or web page.

Exclusive Mode

A mode of operation in software applications that restricts access to the resource to only one user or process at a time.

Open Dialog Box

A common dialog box that enables users to select files or directories to be opened by a program.

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