-The figure above illustrates the current market for fast-food workers in Baltimore.
a.Without any government intervention,what is the equilibrium wage rate and amount of employment?
b.If the city government imposes a minimum wage of $3 an hour,what is the amount of employment? Does the minimum wage create any unemployment? Why or why not?
c.If the city government imposes a minimum wage of $6 an hour,what is the amount of employment? Does the minimum wage create any unemployment? Why or why not?
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