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Mr.Cleand Mr.Cleand
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5 years ago
In the above figure, a minimum wage will not change the unemployment rate if it is set at
A) $6.00.
B) $9.00.
C) $12.00.
D) Both B and C are correct because any wage rate that exceeds $9 per hour has no effect on the unemployment rate.
E) None of the above because the minimum wage always affects the unemployment rate.
Textbook 
Foundations of Macroeconomics

Foundations of Macroeconomics


Edition: 8th
Authors:
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shangshangshangshang
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Mr.Cleand Author
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#2
5 years ago
Thanks for your help!
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