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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
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    Based on the Figure, If a Union Contract Requires That
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Based on the Figure, If a Union Contract Requires That

Question 19

Question 19

Multiple Choice

Based on the figure, if a union contract requires that the wage workers are paid be raised from $25 to $30 per hour, the number of unemployed workers will increase by ________ workers. Based on the figure, if a union contract requires that the wage workers are paid be raised from $25 to $30 per hour, the number of unemployed workers will increase by ________ workers.     A) 8 B) 10 C) 17 D) 18  


A) 8
B) 10
C) 17
D) 18

Correct Answer:

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