Labor Economics
Labor Economics
7th Edition
ISBN: 9780078021886
Author: George J Borjas
Publisher: McGraw-Hill Education
Question
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Chapter 3, Problem 9P

(a)

To determine

Identified the equilibrium wage, employment, and unemployment rate.

(b)

To determine

Identify the number of workers who would lose their jobs, number of workers added to the jobs at the minimum hourly wage, and the unemployment rate.

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