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Graph 21-1 -Refer to Graph 21-1. According to the Graph, If the the Graph

Question 68

Multiple Choice

Graph 21-1
Graph 21-1    -Refer to Graph 21-1. According to the graph, if the government imposes a minimum wage below W<sub>o</sub>, it is likely to: A)  have no effect on employment B)  provide more income to the working poor than they collectively received before the minimum wage was set C)  reduce employment to a level below Q<sub>o</sub> D)  increase employment to a level above Q<sub>o</sub>
-Refer to Graph 21-1. According to the graph, if the government imposes a minimum wage below Wo, it is likely to:


A) have no effect on employment
B) provide more income to the working poor than they collectively received before the minimum wage was set
C) reduce employment to a level below Qo
D) increase employment to a level above Qo

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