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-In the Figure Above, D0 Is the Demand for Labor

Question 198

Multiple Choice

  -In the figure above, D<sub>0</sub> is the demand for labor curve. Imposing a minimum wage of $12 per hour will initially A)  increase employment from 20 to 40 million hours per year. B)  increase employment from 30 to 40 million hours per year. C)  decrease employment from 40 to 20 million hours per year. D)  decrease employment from 30 to 20 million hours per year.
-In the figure above, D0 is the demand for labor curve. Imposing a minimum wage of $12 per hour will initially


A) increase employment from 20 to 40 million hours per year.
B) increase employment from 30 to 40 million hours per year.
C) decrease employment from 40 to 20 million hours per year.
D) decrease employment from 30 to 20 million hours per year.

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