-In the Figure Above, If the Minimum Wage Is $4

question 101

Multiple Choice

-In the figure above, if the minimum wage is $4 per hour, then

• A) the quantity of labor supplied is less than the quantity of labor demanded.
• B) the quantity of labor supplied is 4 million hours and the quantity of labor demanded is 2 million hours.
• C) unemployment is 1 million hours.
• D) the quantity of labor supplied is 3 million hours and the quantity of labor demanded is 3 million hours.

---

Definitions:

Paralegals

Professionals in the legal field who assist attorneys by performing non-lawyer tasks such as documentation, research, and client communication, playing a critical role in the functioning of legal teams.

Washington

The capital city of the United States, located in the District of Columbia, or a state in the Pacific Northwest region of the United States.

Montana

A state located in the Northwestern United States, known for its varied terrain ranging from the Rocky Mountains to the Great Plains.

Voluntary Statewide Certification

A non-mandatory credentialing process within a state that recognizes an individual’s qualifications in a certain profession.