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  3. Study Set
    Fundamentals of Economics
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    Exam 3: Applications of Demand and Supply
  5. Question
    A Minimum Wage That Is Above the Market Wage Will
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A Minimum Wage That Is Above the Market Wage Will

Question 26

Question 26

Multiple Choice

A minimum wage that is above the market wage will likely


A) create some unemployment.
B) increase employment opportunities.
C) cause a shortage of labor.
D) eliminate poverty.
E) increase the demand for labor.

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