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-In the Figure Above, D0 Is the Demand for Labor

Question 127

Multiple Choice

  -In the figure above, D<sub>0</sub> is the demand for labor curve. Imposing a minimum wage of $6 per hour will A)  have no effect on the market. B)  result in unemployment. C)  result in a labor shortage. D)  immediately shift the demand curve to D<sub>1</sub>.
-In the figure above, D0 is the demand for labor curve. Imposing a minimum wage of $6 per hour will


A) have no effect on the market.
B) result in unemployment.
C) result in a labor shortage.
D) immediately shift the demand curve to D1.

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