Labor Market Data
Below Is Some Hypothetical Data on the Labor

Multiple Choice

Labor Market Data
Below is some hypothetical data on the labor market. $$\begin{array} { | c | c | c | } \hline \text { wage } & \text { quuantity demanded } & \text { quuanty 5upplied } \\\hline \$ 7 & 9,000 & 14,000 \\\hline \$ 6 & 12,000 & 12,000 \\\hline \$ 5 & 15,000 & 10,000 \\\hline\end{array}$$
-Refer to Labor Market Data. If the government imposed a minimum wage of $7, what would unemployment be?

A) 0
B) 2,000
C) 3,000
D) 5,000