Use the following to answer questions
Figure: Labor Market 
-(Figure: Labor Market) Refer to the figure.What is the number of people who are employed at the market wage? How many people end up unemployed due to the implementation of a $10 minimum wage?
A) 40;20
B) 40;40
C) 60;40
D) 60;20
Correct Answer:
Verified
Q60: Structural unemployment is caused by:
A) job rationing.
B)
Q61: Which of the following elements reduces structural
Q62: If the equilibrium wage is $9 in
Q63: _ reduce the quantity of labor demanded.
A)
Q64: Which of the following elements increases structural
Q66: (Figure: Labor Supply and Demand)Refer to the
Q67: Use the following to answer questions
Figure:
Q68: Structural unemployment is more persistent in France
Q69: (Figure: Labor Supply and Demand)Refer to the
Q70: Which of the following does NOT raise
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