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Question 117

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Use the following to answer questions: Use the following to answer questions:   -(Figure: The Effect of a Minimum Wage)  Use Figure: The Effect of a Minimum Wage. Suppose that, after some time with a minimum wage of W<sub>F</sub>, the government abolishes the minimum wage. Employment will: A)  decrease to Q<sub>E</sub>. B)  increase to Q<sub>E</sub>. C)  stay at Q<sub>E</sub>. D)  be impossible to determine.
-(Figure: The Effect of a Minimum Wage) Use Figure: The Effect of a Minimum Wage. Suppose that, after some time with a minimum wage of WF, the government abolishes the minimum wage. Employment will:


A) decrease to QE.
B) increase to QE.
C) stay at QE.
D) be impossible to determine.

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