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If the Market for Day Care Workers Is in Equilibrium

Question 28

Multiple Choice

If the market for day care workers is in equilibrium at €5.00 per hour as shown in this diagram, a minimum wage of €8.00 per hour will increase unemployment by If the market for day care workers is in equilibrium at €5.00 per hour as shown in this diagram, a minimum wage of €8.00 per hour will increase unemployment by   A)  300 workers. B)  500 workers. C)  600 workers. D)  No workers.


A) 300 workers.
B) 500 workers.
C) 600 workers.
D) No workers.

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