A minimum wage set above the equilibrium wage rate ______.
Fill in the blank(s) with the appropriate word(s).
Creates unemployment
Economics
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It is possible for an economy to become more productive and per-capita output to increase if
A) technology is improved. B) inventions are developed. C) new ideas are generated. D) all of the above
Economics
________ examines whether one variable has an effect on another by simply looking directly at the relationship between the two variables
A) Reduced-form evidence B) Organizational-model evidence C) Direct-model evidence D) Structural-model evidence
Economics