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If Congress Voted to Eliminate the Minimum Wage,which of the Following

Question 12

Multiple Choice

If Congress voted to eliminate the minimum wage,which of the following would most likely occur?


A) Decrease in unit costs and an upward shift of the aggregate supply curve
B) Decrease in unit costs and an upward movement along the aggregate supply curve
C) Decrease in unit costs and a downward shift of the aggregate supply curve
D) Increase in unit costs and an upward shift of the aggregate supply curve
E) Increase in unit costs and an upward movement along the aggregate supply curve.

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