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

Question 164

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. Assuming all workers without jobs are seeking work, structural unemployment will equal:

(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. Assuming all workers without jobs are seeking work, structural unemployment will equal: ​   ​ A) QS − QD B) QS − QD. C) QE − QD D) QE − QD. E) QS − Q. F) QS − Q G) zero H) zero.


A) QS − QD
B) QS − QD.
C) QE − QD
D) QE − QD.
E) QS − Q.
F) QS − Q
G) zero
H) zero.

Correct Answer:

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