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briemert2013 briemert2013
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A year ago
The figure below shows labor supply and labor demand curves.




Refer to the figure above. Assume that the market is at equilibrium at w2 and Q2. A minimum wage is imposed at w1. How will this affect unemployment?

▸ Unemployment will decrease to Q3 − Q2

▸ Unemployment will increase to Q3 − Q1

▸ Unemployment will increase to Q2 − Q1

▸ Unemployment will decrease to Q2 − Q1
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Macroeconomics

Macroeconomics


Edition: 3rd
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Hello32hello3Hello32hello3
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A year ago
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This helped my grade so much Perfect
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