Table 28-8 Below Is Data About the Labor Market in the State

question 642

Multiple Choice

Table 28-8
Below is data about the labor market in the state of Northwoods.
-Refer to Table 28-8. If the state government imposed a minimum wage of $8, how many people would be unemployed?

• A)0
• B)10,000
• C)20,000
• D)40,000