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Question #47990

A minimum wage law tends to ?

Options:

A) Help all teenagers because they receive a higher wage than they would otherwise

B) have no impact on unemployment as long as it is set above the competitive equilibrium wage

C) Create more Unemployment is high-skill job markets than in low-skill job markets

D) Create more unemployment in low-skill job markets than in high-skill job markets

Answer: A minimum wage law tends to Create more unemployment in low-skill job markets than in high-skill job markets.

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