Figure 9-2 
-Refer to the Figure 9-2.If the minimum wage rose from $6 to $7,what would happen to unemployment?
Definitions:
Non-corporate Businesses
Businesses that are not incorporated, typified by sole proprietorships, partnerships, and limited liability companies, often subject to different tax structures.
Permanent Residents
Individuals who are granted the right to live indefinitely within a country other than their nationality without being citizens.
Household Expenditure
The total spending by households in an economy, including consumption, rent, utilities, and other expenses.
Durable Goods
Goods not immediately consumed that can be used multiple times over a period, such as appliances, cars, and furniture.
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