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In the Labor Market,if the Government Imposes a Minimum Wage

Question 87

Multiple Choice

In the labor market,if the government imposes a minimum wage that is below the equilibrium wage,then


A) workers who wish to work at the minimum wage will have a difficult time finding jobs.
B) firms will hire fewer workers than without the minimum wage law.
C) some workers may lose their jobs as a result.
D) nothing will happen to the wage rate or employment.

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