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If the Government Were to Intervene and Set a Wage

Question 39

Multiple Choice

If the government were to intervene and set a wage for unskilled labor above the market wage,then we would expect,relative to the market outcome,


A) an increase in the number of unskilled jobs available.
B) a decrease in the number of unskilled jobs available.
C) a decrease in the number of workers wanting unskilled jobs.
D) None of the above is correct.

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