In the Above Figure, a Minimum Wage Will Not Change

question 77

Multiple Choice

In the above figure, a minimum wage will not change the unemployment rate if it is set at

• A)$6.00.
• B)$9.00.
• C)$12.00.
• D)Both B and C are correct because any wage rate that exceeds $9 per hour has no effect on the unemployment rate.
• E)None of the above because the minimum wage always affects the unemployment rate.

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