Solved

One Reason Why an Increase in the Minimum Wage May

Question 205

Multiple Choice

One reason why an increase in the minimum wage may result in increased employment is that


A) the government prohibits firms from laying-off affected workers
B) the supply of labor sometimes falls as a result of the higher minimum wage
C) all wages rises by the same percent that the minimum wage rises
D) employers react to the higher minimum wage by substituting part-time jobs for full-time jobs
E) employers react to the higher minimum wage by substituting full-time jobs for part-time jobs

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents