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wage per hour from AUD 17.50 to AUD 25.00. Also, Philippines experienced structural unemployment and frictional unemployment. i. What is the hardest type of unemployment

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wage per hour from AUD 17.50 to AUD 25.00. Also, Philippines experienced structural unemployment and frictional unemployment. i. What is the hardest type of unemployment that Philippines experienced as a result of typhoon Haiyan? Explain your answer. (4 marks) ANSWER: ii. Use the figure below to examine the effects of the government minimum wage of AUD 25.00 in Philippines. 10.00 35.00 30.00 ss 25.00 20.00 15.00 10.00 10 ST 20 30 Labor supply (Millions)

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