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Which of the Following Is Not Correct

Question 477

Multiple Choice

Which of the following is not correct?


A) It is only among the least skilled and least experienced members of the labor force that minimum-wage laws cause unemployment.
B) The equilibrium wages of the least skilled and least experienced members of the labor force tend to be low,and,therefore,are more likely to fall below the legal minimum wage.
C) If the wage is kept below the equilibrium level for any reason,the result is unemployment.
D) Minimum-wage laws,unions,and efficiency wages are all reasons wages may be kept above the equilibrium level.

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