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    Exam 14: Transaction Costs, asymmetric Information, and Behavioral Economics
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    A Wage Offer That Is Set Above the Market Wage
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A Wage Offer That Is Set Above the Market Wage

Question 84

Question 84

Multiple Choice

A wage offer that is set above the market wage and is intended to avoid the adverse selection problem is called a(n) _____


A) efficiency wage.
B) unionized wage.
C) equilibrium wage.
D) minimum wage.
E) indirect wage.

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