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Which of the following has a tendency to raise the unemployment rate? offering wages at the market-clearing rate reducing unemployment insurance in an economy reducing
Which of the following has a tendency to raise the unemployment rate?
offering wages at the market-clearing rate
reducing unemployment insurance in an economy
reducing labor union membership in an economy
implementing a minimum wage above the market wage in an economy
I believe the answer id offering wages at the market clearing rate, can someone give me an explanation,
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