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Which of the Following Is Not Correct

Question 228

Multiple Choice

Which of the following is not correct?


A) The economy contains many labor markets for different types of workers.
B) The impact of a minimum wage depends on the skill and experience of the worker.
C) A minimum wage would be binding for workers with high skills and much experience.
D) A minimum wage would not be binding if the equilibrium wage was above the minimum wage.

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