Which of the following is not a consequence of minimum wage laws?

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The other three choices are all consequences of minimum wage laws. A minimum wage can reduce the number of jobs available for low-skilled workers, which means they miss out on the chance to gain valuable work experience and to develop their skills. Employers may also be more reluctant to hire low-skilled workers if they are required to pay a higher wage, which can make it harder for these workers to find job opportunities. When firms face higher labor costs due to a minimum wage, they may try to cut costs in other ways, such as by offering non-wage benefits to their workers. However, this does not mean that the workers themselves are necessarily better off, as these benefits may be less valuable to them than simply receiving a higher wage.

Which of the Following Is Not a Consequence of Minimum