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

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=+b. Suppose the French government sets a minimum yearly wage of €35,000. 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? Also illustrate with a diagram.

c. Given your

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Economics

ISBN: 9781319066604

5th Edition

Authors: Robin Krugman, Paul Wells

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