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Figure 20-4 -Refer to Figure 20-4. If the Government Imposes a Minimum

Question 175

Multiple Choice

Figure 20-4
Figure 20-4 -Refer to Figure 20-4. If the government imposes a minimum wage above W0, it is likely to A) increase employment to a level above L0. B) reduce employment to a level below L0. C) provide more income to the working poor than they collectively received before the minimum wage was set. D) have no effect on employment.
-Refer to Figure 20-4. If the government imposes a minimum wage above W₀, it is likely to

A) increase employment to a level above L₀.
B) reduce employment to a level below L₀.
C) provide more income to the working poor than they collectively received before the minimum wage was set.
D) have no effect on employment.

Correct Answer: