Figure 19-1
-Refer to Figure 19-1. What is the change in employment of having the minimum wage at $9 instead of $7?
A)One million jobs are gained.
B)No jobs are gained or lost.
C)Two million jobs are lost.
D)Three million jobs are lost.

Question

Figure 19-1 
-Refer to Figure 19-1. What is the change in employment of having the minimum wage at $9 instead of $7?
A)One million jobs are gained. 
B)No jobs are gained or lost. 
C)Two million jobs are lost. 
D)Three million jobs are lost.

Quizplus · Accepted Answer

The change in employment from having the minimum wage at $9 instead of $7 results in a decrease from 7 million jobs to 5 million jobs, which is a loss of 2 million jobs.

Figure 19-1 -Refer to Figure 19-1. What Is the Change in Employment