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    Microeconomics
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    Exam 10: Wage Determination
  5. Question
    Supporters of the Minimum Wage Contend That
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Supporters of the Minimum Wage Contend That

Question 26

Question 26

Multiple Choice

Supporters of the minimum wage contend that:


A) it reduces the profits of firms in the industry.
B) it reduces employment in the industry.
C) it helps workers receive a "living wage."
D) it increases labor turnover.

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