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    Principles of Economics Study Set 8
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    Exam 28: Unemployment and Its Natural Rate
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    When a Minimum-Wage Law Forces the Wage to Remain Above
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When a Minimum-Wage Law Forces the Wage to Remain Above

Question 344

Question 344

True/False

When a minimum-wage law forces the wage to remain above the level that balances supply and demand, there are more workers willing to work than there are jobs, so some workers are unemployed.

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