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If the minimum wage exceeds the equilibrium wage, then Question 39 options: a) there will be no unemployment. b) the quantity demanded of labor will
If the minimum wage exceeds the equilibrium wage, then Question 39 options: a) there will be no unemployment. b) the quantity demanded of labor will exceed the quantity supplied. c) the minimum wage will not be binding. d) the quantity supplied of labor will exceed the quantity demanded
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