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Assume the marginal product of labor ( MPL ) is given by M P L = A 2 K L 2 Where A is a

Assume the marginal product of labor (MPL) is given by
MPL=A2KL2
Where A is a parameter that captures technology. Assume that K=1000 and the labor supply in the economy is
LS=1000.
Assume that A=1 for this question. Say that the government approves a legislation that mandates a minimum real wage of 1. With the new legislation, the number of unemployed workers in the economy is
1000
250
500
750
None of the other answers.
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