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jesshalavi jesshalavi
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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 $15, the unemployment in the market will be ________.

▸ 20 units of labor

▸ 0 units of labor

▸ 30 units of labor

▸ 10 units of labor
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
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tswinson3tswinson3
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A year ago
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jesshalavi Author
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A year ago
Thanks
Holly72492
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Yesterday
Good timing, thanks!
smi3
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2 hours ago
This calls for a celebration Person Raising Both Hands in Celebration
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