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Figure 20-5 -Refer to Figure 20-5. an Effective Minimum Wage Would Be

Question 314

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Figure 20-5 Figure 20-5   -Refer to Figure 20-5. An effective minimum wage would be set at a level A)  above Wo, and employment would rise above Qo. B)  above Wo, and employment would fall below Qo. C)  below Wo, and employment would rise above Qo. D)  below Wo, and employment would fall below Qo.
-Refer to Figure 20-5. An effective minimum wage would be set at a level


A) above Wo, and employment would rise above Qo.
B) above Wo, and employment would fall below Qo.
C) below Wo, and employment would rise above Qo.
D) below Wo, and employment would fall below Qo.

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