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

Question 26

Question 26

Multiple Choice

A wage offer that is above the market wage, 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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