Under alternative scenarios, the national debt as a percentage of GDP is projected to rise dramatically

Refer to the figure above. If the government fixes a minimum wage rate at $15, the unemployment in the market will be:

A) 20 units of labor B) 0 units of labor C) 10 units of labor D) 30 units of labor

Instead of placing a tariff on the imports of steel, a government has decided to offer steel workers trade adjustment assistance which will allow them to pre-qualify for unemployment benefits and retraining. Such a policy is consistent with

A. the national pride argument. B. the developing worker argument. C. the specificity rule. D. the infant industry argument.