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Author Question: Refer to Figure 9-1.Based on the graph of the labor market above, if a minimum wage of $8 ... (Read 37 times)

eruditmonkey@yahoo.com

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on: Mar 16, 2019

Question 1

The reasons why someone cannot get a job are similar to the reasons why someone cannot get a date. Using the ideas of frictionally unemployed, structurally unemployed, and cyclically unemployed, describe and explain how a student at your university might be frictionally "undated," structurally "undated," and cyclically "undated."



Question 2

Figure 9-1











Refer to Figure 9-1. Based on the graph of the labor market above, if a minimum wage of $8 per hour is imposed, which of the following will result?


◦ The quantity of labor demanded by firms will rise.
◦ The quantity of labor demanded by firms will fall.
◦ The unemployment rate will fall.
◦ Both The quantity of labor demanded by firms will rise and The unemployment rate will fall will occur.
Macroeconomics ¦ Hubbard, O'Brien ¦ 6th Edition
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Marked as best answer by eruditmonkey@yahoo.com on Mar 16, 2019

gabrielle_lawrence

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Reply #1 on: Mar 16, 2019
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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eruditmonkey@yahoo.com

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Reply #2 on: Mar 16, 2019
Thank you!


gabrielle_lawrence

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Reply #3 on: Mar 16, 2019
Always glad to help...


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