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    Principles of Economics
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    Exam 23: Unemployment
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    The Government Raises the Minimum Wage
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The Government Raises the Minimum Wage

Question 49

Question 49

Multiple Choice

The government raises the minimum wage. If there are already unemployed people in the economy, we would expect the unemployment rate to:


A) rise.
B) stay constant.
C) fall.
D) become zero.

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