Table 28-7 Below Is Data About the Labor Market in the City

question 306

Multiple Choice

Table 28-7
Below is data about the labor market in the city of Productionville.
-Refer to Table 28-7. If the local government imposed a minimum wage of $5 in Productionville, how many people would be unemployed?

• A)0
• B)2,000
• C)3,000
• D)5,000

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Definitions:

Statehood

The condition or status of being recognized as an independent state with a defined territory and government.

Missouri Compromise

An agreement passed in 1820 between pro-slavery and anti-slavery factions in the United States Congress, involving regulation of slavery in western territories.

Statehood

The condition or status of being recognized as an independent nation or as an incorporated state within a larger federation or country.