If minimum wage legislation does cause unemployment, then:
A) those who are lucky enough to land jobs benefit.
B) those who become unemployed as a result lose.
C) firms will not bear the entire burden of the higher cost of employment.
D) All of these are true.
Correct Answer:
Verified
Q111: What does the existence of labor unions
Q112: The amount of unemployment caused by efficiency
Q113: Efficiency wages are:
A) wages deliberately set above
Q114: The role of unions is:
A) unnecessary if
Q115: Employers choose to offer efficiency wages because:
A)
Q117: The employer who has the most unionized
Q118: If minimum wage legislation does not cause
Q119: Some economists argue that the minimum wage:
A)
Q120: The biggest benefit to members of a
Q121: Policies that make it more difficult to
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