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(Figure: the Effect of a Minimum Wage) Use Figure: the Effect

Question 104

Multiple Choice

(Figure: The Effect of a Minimum Wage) Use Figure: The Effect of a Minimum Wage. Suppose the labor market is in equilibrium at E when the government imposes a minimum wage of WF. The quantity of labor supplied will _____, resulting in structural unemployment.
(Figure: The Effect of a Minimum Wage) Use Figure: The Effect of a Minimum Wage. Suppose the labor market is in equilibrium at E when the government imposes a minimum wage of WF. The quantity of labor supplied will _____, resulting in structural unemployment. ​ A) decrease to QD B) decrease to QD. C) stay at QE D) stay at QE. E) increase to QS. F) increase to QS G) stay at WE H) stay at WE. ​


A) decrease to QD
B) decrease to QD.
C) stay at QE
D) stay at QE.
E) increase to QS.
F) increase to QS
G) stay at WE
H) stay at WE.

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