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Suppose That Nurses' Salaries Are Set at a Guaranteed Minimum

Question 8

Multiple Choice

Suppose that nurses' salaries are set at a guaranteed minimum. We would expect all of the following to be true except


A) the market clearing wage rises above the minimum
B) more nurses offer to work overtime hours
C) hospital wage bills rise
D) the long-term supply of nurses expands
E) more nurse training programs develop

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