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    Exam 6: Government Actions in Markets
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    Imposing a Minimum Wage That Is Above the Equilibrium Wage
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Imposing a Minimum Wage That Is Above the Equilibrium Wage

Question 57

Question 57

Multiple Choice

Imposing a minimum wage that is above the equilibrium wage rate results in


A) higher job search costs.
B) lower unemployment.
C) the labor market becoming more efficient.
D) equilibrium in the labor market.

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