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In the Above Figure, a Minimum Wage Will Not Change

Question 102

Multiple Choice

In the above figure, a minimum wage will not change the unemployment rate if it is set at A) $6.00. B) $9.00. C) $12.00. D) Both B and C are correct because any wage rate that exceeds $9 per hour has no effect on the unemployment rate. E) None of the above because the minimum wage always affects the unemployment rate.
In the above figure, a minimum wage will not change the unemployment rate if it is set at


A) $6.00.
B) $9.00.
C) $12.00.
D) Both B and C are correct because any wage rate that exceeds $9 per hour has no effect on the unemployment rate.
E) None of the above because the minimum wage always affects the unemployment rate.

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