Multiple Choice
The figure above shows supply and demand in the market for labor. The government introduces a minimum wage of $7 per hour.
-In the figure above,the number of unemployed workers is
A) 4,000.
B) 3,000.
C) 2,000.
D) 5,000.
E) zero.
Correct Answer:

Verified
Correct Answer:
Verified
Q156: In a market with a rent ceiling
Q157: A rent ceiling is<br>A) fair, because it
Q158: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1458/.jpg" alt=" -The above figure
Q159: A price ceiling<br>A) is an illegal price.<br>B)
Q160: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1458/.jpg" alt=" -The above figure
Q162: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1458/.jpg" alt=" The figure
Q163: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1458/.jpg" alt=" -The above figure
Q164: When a price support is set below
Q165: A price ceiling is<br>A) a maximum legal
Q166: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1458/.jpg" alt=" -The graph shows