Labor Market Data
Below Is Some Hypothetical Data on the Labor

question 42

Multiple Choice

Labor Market Data
Below is some hypothetical data on the labor market. $$\begin{array} { | c | c | c | } \hline \text { wage } & \text { quuantity demanded } & \text { quuanty 5upplied } \\\hline \$ 7 & 9,000 & 14,000 \\\hline \$ 6 & 12,000 & 12,000 \\\hline \$ 5 & 15,000 & 10,000 \\\hline\end{array}$$
-Refer to Labor Market Data. If the government imposed a minimum wage of $7, what would unemployment be?

• A)0
• B)2,000
• C)3,000
• D)5,000

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Definitions:

Zygote

Cell that results from the union of a sperm and an ovum.

Chromosome

A threadlike structure of nucleic acids and protein found in the nucleus of most living cells, carrying genetic information in the form of genes.

Fertilization

The process of a sperm cell joining with an egg cell, resulting in the formation of a zygote that can develop into a new organism.

Fetal Period

The stage of human development in the womb from the end of the embryonic stage (approximately 8 weeks after conception) until birth.