Economists argue that the minimum wage results in:
A)more bargaining power for unskilled workers.
B)zero impact if the minimum wage is above the market-clearing price.
C)a shortage of workers.
D)a more equal income distribution and is worth the loss of some jobs.

Question

Quizplus · Accepted Answer

A minimum wage can lead to a more equal income distribution, but it may also lead to a loss of some jobs.

Economists Argue That the Minimum Wage Results In