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Author Question: The Effect of Minimum Wage Laws, Unionism and Public PolicyWage rate (per hour) Labor DemandLabor ... (Read 56 times)

isam

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on: Nov 23, 2022

Question 1

The Effect of Minimum Wage Laws, Unionism and Public Policy


Wage rate
 (per hour)		 Labor    DemandLabor
Supply
$15​35,000​85,000​
10​60,000​60,000​
7​85,000​35,000​

Based on the data in the table, a minimum wage of $15 will lead to unemployment of ________ workers.
◦ 50,000
◦ 25,000
◦ 35,000
◦ 60,000

Question 2

The Effect of Minimum Wage Laws, Unionism and Public Policy


Wage rate
 (per hour)		 Labor    DemandLabor
Supply
$14​35,000​100,000​
10​65,000​65,000​
8​100,000​35,000​

Based on the data in the table, a minimum wage of $8 will lead to unemployment of ________ workers.
◦ zero
◦ 65,000
◦ 30,000
◦ 35,000
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
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Marked as best answer by isam on Nov 23, 2022

3ginamay

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Reply #1 on: Nov 23, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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isam

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Reply 2 on: Nov 23, 2022
YES! Correct, THANKS for helping me on my review

cassie_ragen

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Reply 3 on: Yesterday
Gracias!

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