The market for unskilled labor is illustrated in the figure above. The market is in equilibrium and then a minimum wage of $3 per hour is imposed. Unemployment will equal
A) 0 hours.
B) 10 million hours per year.
C) 20 million hours per year.
D) 30 million hours per year.
A
Economics
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Lower deficits should lead to higher levels of private investment spending.
Answer the following statement true (T) or false (F)
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