What if minimum wage is set

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Q. Will re be anyone seeking a job at equilibrium wage that is unable to find one--that is, will re be anyone who is involuntarily unemployed? B. Suppose French government sets a minimum yearly wage of 35,000. Involuntary unemployment at this wage? If so, how much? Illustrate with a diagram. What if minimum wage is set at 40,000?

Reference no: EM1372176

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