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Which of the Following Statements Is Not Correct

Question 133

Multiple Choice

Which of the following statements is not correct?


A) Unions may raise wages above equilibrium because they can threaten to strike.
B) Minimum wage laws are most likely to raise the wages of unskilled workers.
C) Employers may voluntarily pay more than the equilibrium wage to increase worker effort.
D) Efficiency wages explain why more efficient workers earn more than less efficient workers.

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