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Use Figure: Minimum Wage and Job Loss II

Question 36

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Use Figure: Minimum Wage and Job Loss II. If the government sets a minimum wage of $12 per hour, then how many of the total workers who are unemployed are new entrants into the labor market who were not present at the competitive wage?
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Minimum Wage and Job Loss II
Use Figure: Minimum Wage and Job Loss II. If the government sets a minimum wage of $12 per hour, then how many of the total workers who are unemployed are new entrants into the labor market who were not present at the competitive wage? ​ Minimum Wage and Job Loss II A) 100 B) 200 C) 300 D) 400


A) 100
B) 200
C) 300
D) 400

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