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    Principles of Macroeconomics Study Set 8
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    Exam 15: Unemployment: Minimum-Wage Laws
  5. Question
    Wages in Excess of Their Equilibrium Level Help Explain
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Wages in Excess of Their Equilibrium Level Help Explain

Question 8

Question 8

Multiple Choice

Wages in excess of their equilibrium level help explain


A) frictional but not structural unemployment.
B) structural but not frictional unemployment.
C) both frictional and structural unemployment.
D) neither frictional nor structural unemployment.

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