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Use the Table Below to Answer the Following Questions

Question 60

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Use the table below to answer the following questions.
Table 6.2.2 Use the table below to answer the following questions. Table 6.2.2 -Table 6.2.2 gives the labour demand and labour supply schedules for low-skilled labour.What is the level of unemployment in millions of hours if the minimum wage is set at $17 per hour? A) 40 B) 30 C) 20 D) 10 E) zero
-Table 6.2.2 gives the labour demand and labour supply schedules for low-skilled labour.What is the level of unemployment in millions of hours if the minimum wage is set at $17 per hour?


A) 40
B) 30
C) 20
D) 10
E) zero

Correct Answer:

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