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Suppose the current equilibrium wage rate for lifeguards in Houston is $7.85 an hour.A minimum wage law that creates a price floor of $8.50 an hour leads to
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Q61: What is a major reason international trade
Q78: A minimum wage law<br>A)lowers the wage rate
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Q235: When economists refer to "the invisible hand,"
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Q353: Suppose the nation is producing at a