The minimum wage
A) is type of price ceiling.
B) is a type of price floor.
C) can create a surplus of labor.
D) Both answers A and C are correct.
D
Economics
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Today, __________ state banks are members of the Federal Reserve System
A) all B) most C) a minority of D) none of the
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If interest rates fall, the opportunity cost of spending money today rather than tomorrow
A. rises. B. falls. C. rises only if the prices of goods today rise. D. falls only if the prices of goods today fall.
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