Use Figure: Minimum Wage and Job Loss II. If the government sets a minimum wage of $12 per hour, then how many of the total workers who are unemployed are new entrants into the labor market who were not present at the competitive wage?

Minimum Wage and Job Loss II

A) 100
B) 200
C) 300
D) 400

Question

Use Figure: Minimum Wage and Job Loss II. If the government sets a minimum wage of $12 per hour, then how many of the total workers who are unemployed are new entrants into the labor market who were not present at the competitive wage?
​
Minimum Wage and Job Loss II

A) 100 
B) 200 
C) 300 
D) 400

Quizplus · Accepted Answer

The Answer of Use Figure: Minimum Wage and Job Loss II. If the government sets a minimum wage of $12 per hour, then how many of the total workers who are unemployed are new entrants into the labor market who were not present at the competitive wage?
​
Minimum Wage and Job Loss II

A) 100 
B) 200 
C) 300 
D) 400