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    Principles of Macroeconomics Study Set 8
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    Exam 15: Unemployment: The Theory of Efficiency Wages
  5. Question
    Which of the Following Causes of Unemployment Is Associated with a Wage
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Which of the Following Causes of Unemployment Is Associated with a Wage

Question 21

Question 21

Multiple Choice

Which of the following causes of unemployment is associated with a wage rate above the market equilibrium level?


A) minimum-wage laws
B) unions
C) efficiency wages
D) All of the above are correct.

Correct Answer:

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