Figure 9-1 This Figure Shows the Effect of a Minimum-Wage Law

question 18

Multiple Choice

Figure 9-1
This figure shows the effect of a minimum-wage law.
-Refer to Figure 9-1. If there was a minimum wage of $4 and then the government instituted a minimum wage of $5, what would happen to employment in this market?

• A) Unemployment would be unchanged.
• B) Unemployment would drop by 10.
• C) Unemployment would rise by 10.
• D) Unemployment would rise by 20.

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Finger Stick

A simple procedure used to obtain a small blood sample by pricking the finger.

Allergy

An immune system reaction to a foreign substance that is not typically harmful to the body.

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A substance used for sticking objects or materials together; commonly referred to as glue.

Vacuum Tube

An electronic device used to control the flow of electricity in a vacuum, commonly used in early electronics such as radios and televisions.