If minimum wage legislation does not cause unemployment, then:
A) those who work for minimum wage will benefit.
B) firms will generally gain by earning higher profits.
C) minimum wages may still be binding for many employees.
D) most likely the government won't study how minimum wage legislation may affect employment.
Correct Answer:
Verified
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)
Q116: If minimum wage legislation does cause unemployment,
Q117: The employer who has the most unionized
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
Q122: Giving people income through unemployment insurance:
A) allows
Q123: Unemployment insurance is:
A) offered by companies as
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