Which of the following is not a criticism of minimum wage legislation?
A) it reduces the level of poverty in a society
B) it does not permanently redistribute income among wage earners
C) it does not increase employment opportunity for women and young people
D) it leads to an increase in unemployment
Correct Answer:
Verified
Q1: One reason for introducing the minimum wage
Q3: Which of the following is a criticism
Q4: Adam Smith is the first to have
Q5: Adam Smith believed that:
A) government should regulate
Q6: The invisible hand explains how:
A) altruistic individuals
Q7: The following is a good example of
Q8: Which one of the following types of
Q9: An example of negative third-party effect is:
A)
Q10: An example of a positive third-party effect
Q11: National defence is an example of:
A) a
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents