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  3. Study Set
    Microeconomics Theory with Applications
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    Exam 12: Labour Market Applications
  5. Question
    Minimum Wage Laws
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Minimum Wage Laws

Question 29

Question 29

Multiple Choice

Minimum wage laws:


A) create underemployment.
B) decrease unemployment.
C) transfer wealth to the unemployed.
D) are ineffective in dealing with the unemployment issue.

Correct Answer:

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