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    Microeconomics Study Set 17
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    Exam 5: Using Economics to Understand the World Around You
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    ​Figure 53
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​Figure 53

Question 51

Question 51

True/False

​Figure 5.3. The figure shows the wage rate and the quantity of labor supplied in an unskilled labor market. ​Figure 5.3. The figure shows the wage rate and the quantity of labor supplied in an unskilled labor market.   -In the United States, there is a federal minimum wage that is followed by each state.​
-In the United States, there is a federal minimum wage that is followed by each state.​

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