If the government imposes a minimum wage above Wo, it
is likely to:

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Question: If the government imposes a minimum wage above Wo, itis likely to:a. <a href=increase employment t…” />

a. increase employment to a level above
Qo.
b. reduce employment to a level below
Qo.
c. provide more income to the working poor than they
collectively received before the minimum wage was set.
d. have no effect on employment.

Show transcribed image text Wage Supply Demand Quantity of Labor

Wage Supply Demand Quantity of Labor

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