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Microeconomics 9th Edition by Stephen Slavin
Edition 9ISBN: 9780077426767Microeconomics 9th Edition by Stephen Slavin
Edition 9ISBN: 9780077426767 Exercise 43
Which statement is true?
A) The average hourly wage in the United States is $5.15 an hour.
B) If the minimum wage rate were lowered, more unskilled workers would find jobs.
C) The hourly wage rate in the United States is higher than that in any other country.
D) Many cities have laws requiring most private employers to pay a "living wage."
A) The average hourly wage in the United States is $5.15 an hour.
B) If the minimum wage rate were lowered, more unskilled workers would find jobs.
C) The hourly wage rate in the United States is higher than that in any other country.
D) Many cities have laws requiring most private employers to pay a "living wage."
Explanation
Verified
Verified
Hence, the option a) is incorrect.
The a...
Microeconomics 9th Edition by Stephen Slavin
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