Exam 15: Unemployment: Minimum-Wage Laws

Figure 28-5 Refer to Figure 28-5.If the minimum wage is set at $125,then

Minimum-wage laws

Workers searching for jobs that best suit them is most closely associated with

Figure 28-4 ​ -Refer to Figure 28-4.If 12,000 workers are unemployed,then the minimum wage must be

Figure 28-3 -Refer to Figure 28-3.If the government imposes a minimum wage of $4,how many workers will be unemployed?

Figure 28-3 -Refer to Figure 28-3.If the government imposes a minimum wage of $4,then employment will decrease by

Figure 28-3 -Refer to Figure 28-3.If unemployment is 2,000 workers,then the minimum wage must be

Wages in excess of their equilibrium level help explain

When a minimum-wage law forces the wage to remain above the equilibrium level,the result is

Figure 28-3 -Refer to Figure 28-3.If the government imposes a minimum wage of $8,then employment will decrease by

Figure 28-3 -Refer to Figure 28-3.If the government imposes a minimum wage of $8,then how many workers will be unemployed?

Minimum-wage laws are least likely to affect the wages paid to

If the minimum wage were currently above the equilibrium wage,then a decrease in the minimum wage that kept it above the equilibrium wage would

Minimum wages create unemployment in markets where they create a

Workers waiting for jobs to open up is most closely associated with

Figure 28-4 ​ -Refer to Figure 28-4.If the government imposes a minimum wage of $16,how many workers will be unemployed?

If the wage is kept above the equilibrium wage for any reason,the result is

Figure 28-3 -Refer to Figure 28-3.If the government imposes a minimum wage of $8,then unemployment will increase by

Figure 28-4 ​ -Refer to Figure 28-4.If the government imposes a minimum wage of $8,how many workers will be unemployed?

When a minimum-wage law forces the wage to remain above the equilibrium level,it