-The Figure Above Shows the Labour Market in a Region

question 28

Multiple Choice

-The figure above shows the labour market in a region. If a minimum wage of $8 an hour is imposed, then there are ________ unemployed workers.

• A) 20,000
• B) 80,000
• C) zero
• D) 40,000
• E) 60,000

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Definitions:

Quantitative Skills

The capability to handle and analyze numerical data effectively.

Super's Developmental Model

A career development theory proposed by Donald Super, which postulates that individuals go through several stages in their career development process.

Future Career

The progression and plans related to one's professional life in the future, considering aspirations and goals.

Realistic

Pertaining to the accurate representation of life and the world; practical and feasible.