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    Foundations of Macroeconomics
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    Exam 7: Government Actions in Markets
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    A Stated Goal of a Minimum Wage Is to
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A Stated Goal of a Minimum Wage Is to

Question 219

Question 219

Multiple Choice

A stated goal of a minimum wage is to


A) increase government tax revenue.
B) stabilize production costs.
C) boost the incomes of low-wage earners.
D) decrease business profits.
E) increase business profits by making the labor market more efficient.

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