One of the consequences of preventing wages from falling in the European Union has been growing unemployment.

Name: One of the consequences of preventing wages from falling in the European Union has been growing unemployment.
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If wages are prevented from falling, it becomes more expensive for companies to hire workers. This can lead to job losses and growing unemployment, as companies may be unable to afford to keep as many workers on staff.

One of the Consequences of Preventing Wages from Falling in the European