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  3. Study Set
    Macroeconomics Study Set 38
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    Exam 7: The Labor Market, Wages, and Unemployment
  5. Question
    If the Minimum Wage Is Set Below the Equilibrium Wage
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If the Minimum Wage Is Set Below the Equilibrium Wage

Question 11

Question 11

True/False

If the minimum wage is set below the equilibrium wage, it will have no effect on unemployment.

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