Which of the following is not a consequence of the minimum wage law?
A)Reduced employment among low-skilled workers
B)Increased numbers of workers seeking jobs at the minimum wage
C)Higher incomes for some low-income workers
D)A large redistribution of income favoring low-income workers

Question

Quizplus · Accepted Answer

The minimum wage law does not necessarily result in a large redistribution of income favoring low-income workers. While it may benefit some low-income workers, it can also have negative effects on employment and may not be an effective method of reducing poverty.

Which of the Following Is Not a Consequence of the Minimum