Multiple Choice
FIGURE 14-5
-Refer to Figure 14-5. Suppose this labour market is competitive. If a minimum wage of W4 is then imposed, the number of unemployed workers would be
A) 0Q1.
B) Q5 - Q1.
C) Q3 - Q1.
D) 0Q3.
E) 0Q5.
Correct Answer:
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