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    Economics Study Set 10
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    Exam 27: Wages Unions and Labor
  5. Question
    It Is Possible for an Increase in Minimum Wage to Increase
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It Is Possible for an Increase in Minimum Wage to Increase

Question 17

Question 17

True/False

It is possible for an increase in minimum wage to increase the number of workers hired in a competitive labor market, but not in a monopsony setting.

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