Minimum wage legislation
A)has little effect on university professors.
B)raises incomes of unskilled laborers who have jobs.
C)prevents some willing workers from getting jobs.
D)All of the above are true.

Question

Quizplus · Accepted Answer

Minimum wage legislation typically does not affect university professors as they earn above the minimum wage. It raises incomes for unskilled laborers who are employed at minimum wage levels, but it can also lead to unemployment for some workers as employers may hire fewer workers due to increased labor costs.

Minimum Wage Legislation