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Exhibit 4-6 Refer to Exhibit 4-6. Suppose the Minimum Wage Is Set

Question 80

Multiple Choice

Exhibit 4-6
Exhibit 4-6 Refer to Exhibit 4-6. Suppose the minimum wage is set at $5. The result will be A) unemployment. B) a shortage of unskilled labor. C) no impact on the unskilled labor market. D) a prolonged surplus of unskilled labor.
Refer to Exhibit 4-6. Suppose the minimum wage is set at $5. The result will be


A) unemployment.
B) a shortage of unskilled labor.
C) no impact on the unskilled labor market.
D) a prolonged surplus of unskilled labor.

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