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  3. Study Set
    Principles of Economics Study Set 1
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    Exam 20: The Labor Market: Workers, Wages, and Unemployment
  5. Question
    Based on the Labor Market Diagram Below, If the Minimum
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Based on the Labor Market Diagram Below, If the Minimum

Question 78

Question 78

Multiple Choice

Based on the labor market diagram below, if the minimum wage is increased from $10 to $12 per hour, the numbered of unemployed workers will increase by ________ workers. Based on the labor market diagram below, if the minimum wage is increased from $10 to $12 per hour, the numbered of unemployed workers will increase by ________ workers.   A) 5 B) 8 C) 13 D) 15


A) 5
B) 8
C) 13
D) 15

Correct Answer:

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