If the government were to intervene and set a wage for unskilled labor above the market wage, then we would expect, relative to the market outcome, a decrease in the number of unskilled jobs available. a decrease in the number of workers wanting unskilled jobs. an increase in the number of unskilled jobs available. None of the above is correct.
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In this case, we would expect the following outcomes relative to the market outcome: Show more…
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