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    Principles of Economics Study Set 3
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    Exam 28: Unemployment
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    When a Minimum-Wage Law Forces the Wage to Remain Above
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When a Minimum-Wage Law Forces the Wage to Remain Above

Question 215

Question 215

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When a minimum-wage law forces the wage to remain above the level that balances supply and demand,it raises the quantity of labor supplied and reduces the quantity of labor demanded compared to the equilibrium level.

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