b. Suppose the French government sets a minimum yearly wage of 35,000 euros. Is there any involuntary
Question:
b. Suppose the French government sets a minimum yearly wage of 35,000 euros. Is there any involuntary unemployment at this wage? If so, how much? Illustrate with a diagram.
What if the minimum wage is set at 40,000 euros?
Also illustrate with a diagram.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Question Posted: