Which of the following statements about mandated employer benefits is not true?
A) A mandated benefit increases labor supply.
B) Laborers generally value mandated benefits more highly than higher wages.
C) A mandated benefit decreases labor demand.
D) Wages tend to be depressed by mandated benefits.
E) A federal law that requires employers to give employees time off to care for sick relatives in an example of a mandated benefit.
Correct Answer:
Verified
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