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Figure 9-1 This Figure Shows the Effect of a Minimum-Wage Law

Question 157

Multiple Choice

Figure 9-1
This figure shows the effect of a minimum-wage law. Figure 9-1 This figure shows the effect of a minimum-wage law.   -Refer to Figure 9-1. If there was no minimum wage and then the government instituted a minimum wage of $6, what would happen to employment in this market? A)  Employment would rise by 10. B)  Employment would fall by 20. C)  Unemployment would increase by 10. D)  Unemployment would increase by 20.
-Refer to Figure 9-1. If there was no minimum wage and then the government instituted a minimum wage of $6, what would happen to employment in this market?


A) Employment would rise by 10.
B) Employment would fall by 20.
C) Unemployment would increase by 10.
D) Unemployment would increase by 20.

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