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    If, as a Result of Imperfect Information, Firms Set Their
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If, as a Result of Imperfect Information, Firms Set Their

Question 264

Question 264

Multiple Choice

If, as a result of imperfect information, firms set their wage rates ________ the market clearing wage rate, there will be a shortage of workers.


A) above
B) below
C) at
D) above or below

Correct Answer:

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