b. Suppose the French government sets a minimum yearly wage of 35,000 euros. Is there any involuntary

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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.

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Krugmans Economics For Ap

ISBN: 9781429218276

2nd Edition

Authors: Margaret Ray, David A. Anderson

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