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    Principles of Macroeconomics Study Set 12
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    Exam 13: The Labor Market in the Macroeconomy
  5. Question
    If Firms Pay Wages Higher Than the Market Clearing Wage
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If Firms Pay Wages Higher Than the Market Clearing Wage

Question 50

Question 50

True/False

If firms pay wages higher than the market clearing wage, their profits will be reduced.

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