A common criticism of the minimum wage is because
A)they conflict with labor union laws.
B)they can cause shortages in certain labor markets.
C)they reduce the number of job openings.
D)they reduce efforts for more equitable income distribution.

Question

Quizplus · Accepted Answer

Minimum wage laws can lead to a reduction in job openings as employers may hire fewer workers due to increased labor costs.

A Common Criticism of the Minimum Wage Is Because