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Author Question: Suppose the government abolished the minimum wage law and the law that requires union wage rates to ... (Read 118 times)

laurencescou

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Suppose the government abolished the minimum wage law and the law that requires union wage rates to be paid on all government contract jobs. We would expect to see
 
  A) a recession.
  B) the duration of unemployment to increase.
  C) a decline in the natural rate of unemployment.
  D) an increase in claims for unemployment benefits.

Question 2

Table 7.1 exemplifies the principle of
 
  A) diminishing returns. B) marginal costs.
  C) full employment equilibrium. D) real vs. nominal costs.


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asdfasdf

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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