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    Exam 6: Government Actions in Markets
  5. Question
    -In the Above Figure, If the Government Imposed a Minimum
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-In the Above Figure, If the Government Imposed a Minimum

Question 42

Question 42

Multiple Choice

  -In the above figure, if the government imposed a minimum wage of $16 per hour in this labor market, the increase in the hourly wage for those who are able to keep their jobs is A)  $4 per hour. B)  $8 per hour. C)  $12 per hour. D)  $16 per hour.
-In the above figure, if the government imposed a minimum wage of $16 per hour in this labor market, the increase in the hourly wage for those who are able to keep their jobs is


A) $4 per hour.
B) $8 per hour.
C) $12 per hour.
D) $16 per hour.

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