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  3. Study Set
    Principles of Economics Study Set 8
  4. Exam
    Exam 28: Unemployment and Its Natural Rate
  5. Question
    Figure 28-3 ​
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Figure 28-3 ​

Question 16

Question 16

Essay

Figure 28-3
​
Figure 28-3 ​    -Refer to Figure 28-3. If the minimum wage is equal to $125, what is the quantity of labor supplied, the quantity of labor demanded, and number unemployed?
-Refer to Figure 28-3. If the minimum wage is equal to $125, what is the quantity of labor supplied, the quantity of labor demanded, and number unemployed?

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Labor supplied is 35...

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