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    Principles of Macroeconomics Study Set 12
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    Exam 13: The Labor Market in the Macroeconomy
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    If the Minimum Wage Is Set Above the Market Clearing
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If the Minimum Wage Is Set Above the Market Clearing

Question 211

Question 211

True/False

If the minimum wage is set above the market clearing wage, wages will be "sticky" in the downward direction.

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