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​Figure 53

Question 31

Multiple Choice

​Figure 5.3. The figure shows the wage rate and the quantity of labor supplied in an unskilled labor market. ​Figure 5.3. The figure shows the wage rate and the quantity of labor supplied in an unskilled labor market.   -Refer to figure 5.3. The surplus or unemployment in the labor market is represented by:​ A) ​a rightward shift in the labor demand curve. B) ​a fall in price from $6 to $4. C) ​the distance between Q<sub>II</sub> and Q. D) ​the distance between Q and Q<sub>I</sub>. E) ​the distance between the points A and B.
-Refer to figure 5.3. The surplus or unemployment in the labor market is represented by:​


A) ​a rightward shift in the labor demand curve.
B) ​a fall in price from $6 to $4.
C) ​the distance between QII and Q.
D) ​the distance between Q and QI.
E) ​the distance between the points A and B.

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