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shbensonjr shbensonjr
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A year ago
The following figure shows the labor demand curve, LD1, and labor supply curve, LS1, in a market.




Refer to the figure above. If the government fixes the minimum wage rate at $25, the unemployment in the market will be ________.

▸ 30 units of labor

▸ 20 units of labor

▸ 0 units of labor

▸ 10 units of labor
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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chemcalchemcal
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#1
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A year ago
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shbensonjr Author
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A year ago
Brilliant ツ
asd454512
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Yesterday
Thanks
decibul
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2 hours ago
Helped a lot
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