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    Principles of Macroeconomics Study Set 8
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    Exam 6: Supply Demand and Government Policies: Controls on Prices
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    The Minimum Wage
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The Minimum Wage

Question 173

Question 173

Multiple Choice

The minimum wage


A) is an example of a price ceiling.
B) has its greatest impact on middle-aged and immigrant workers.
C) does not apply to unpaid internships.
D) does not affect the quantity of labor demanded;it only affects the quantity of labor supplied.

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