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flemingpk flemingpk
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2 years ago
The Effect of Minimum Wage Laws, Unionism and Public Policy


Wage rate
 (per hour)
Labor    DemandLabor
Supply
$14​35,000​100,000​
10​65,000​65,000​
8​100,000​35,000​

Based on the data in the table, a minimum wage of $8 will lead to unemployment of ________ workers.

▸ zero

▸ 65,000

▸ 30,000

▸ 35,000
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
Read 31 times
1 Reply
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AdieMichelleAdieMichelle
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2 years ago
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flemingpk Author
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2 years ago
Just got PERFECT on my quiz
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Yesterday
Helped a lot
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2 hours ago
Smart ... Thanks!
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