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The Number of Unskilled Workers Employed Before and After an Increase

Question 86

Multiple Choice

The number of unskilled workers employed before and after an increase in the minimum wage is found to be the same. This means


A) the change in minimum wage created a surplus of workers in the unskilled labor market.
B) the change in minimum wage created a shortage of work
C) the minimum wage could still be below the equilibrium wage for unskilled labor.
D) changes in minimum wage never have an impact on the unskilled labor market.

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