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    The Effect of Legislation Establishing a Minimum Wage Above the Market
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The Effect of Legislation Establishing a Minimum Wage Above the Market

Question 2

Question 2

Multiple Choice

The effect of legislation establishing a minimum wage above the market clearing wage is


A) unemployment.
B) a shortage of labor.
C) higher wages for all workers.
D) a shift of the demand for labor curve.

Correct Answer:

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