The following figure shows the labor demand curve, LD₁, and labor supply curve, LS₁, in a market.
-Refer to the figure above.If the government institutes a minimum wage rate of $30,the unemployment in the market will be ________.
Definitions:
Psychosexual Event
An experience or situation that has significant impact on an individual's psychological aspects of sexual development.
Alfred Kinsey
An American biologist and sexologist who founded the Institute for Sex Research at Indiana University and is known for his research on human sexual behavior.
Ejaculation
The release of semen from the male reproductive system, often occurring at the climax of sexual arousal.
Spermarche
In boys, the development of sperm in the testicles.
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