The minimum wage is a

A) factor that decreases unemployment because fewer people search for work if the minimum wage is increased.
B) possible cause of job search because it lowers wages below their equilibrium.
C) possible cause of job rationing because it raises wages above their equilibrium.
D) possible cause of job rationing because it lowers wages below their equilibrium.
E) government established highest wage that is legal to pay.

C

Economics

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A) increase; increase B) increase; decrease C) decrease; increase D) decrease; decrease

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Financial intermediaries develop ________ in things such as computer technology which allows them to lower transactions costs

A) expertise B) diversification C) regulations D) equity

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