Which of the following is correct concerning minimum wage laws?
A) They are a major cause of unemployment in the U.S.
B) They probably have the most impact on those with the least skills and least experience.
C) About 20 percent of full-time workers age 25 who receive hourly wages report they earn the minimum wage or less.
D) All of the above are correct.
Correct Answer:
Verified
Q151: Use the graph below to answer the
Q152: Which of the following would be associated
Q153: Use the graph below to answer the
Q154: Figure 28-1 Q155: Which of the following creates unemployment by Q157: If the market for day care workers Q159: There will be structural unemployment if Q160: Wages in excess of their equilibrium level Q161: The legislation that granted unions the legal Q421: Other things the same, an increase in
A)some wages
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