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Setting a minimum wage above the equilibrium wage

Setting a minimum wage above the equilibrium wage

A.

has no effect on unemployment, and setting a minimum wage below the equilibrium wage results in increased unemployment

B.

results in increased unemployment, and setting a minimum wage below the equilibrium wage has no effect on unemployment.

C.

results in decreased unemployment, and setting a minimum wage below the equilibrium wage results in increased unemployment.

D.

results in increased unemployment, and setting a minimum wage below the equilibrium wage results in decreased unemployment

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