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    Principles of Economics
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    Exam 28: Unemployment
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    Use the Graph Below to Answer the Following Questions
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Use the Graph Below to Answer the Following Questions

Question 224

Question 224

Multiple Choice

Use the graph below to answer the following questions.
Figure 28-2
Use the graph below to answer the following questions. Figure 28-2    -Refer to Figure 28-2.If the minimum wage fell from $7 to $5,in this market unemployment would A) fall by 20. B) fall by 40. C) be unchanged. D) would rise by 20.
-Refer to Figure 28-2.If the minimum wage fell from $7 to $5,in this market unemployment would


A) fall by 20.
B) fall by 40.
C) be unchanged.
D) would rise by 20.

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