Solved

Which of the Following Is Not a Consequence of Minimum

Question 119

Multiple Choice
Which of the following is not a consequence of minimum wage laws? A)Low-skilled workers are hurt because minimum wage reduces the number of jobs providing low-skilled workers with training. B)Employers will be reluctant to offer low-skilled workers jobs with training. C)Producers have an incentive to offer workers non-wage benefits such as health care benefits and convenient working hours rather than a higher wage. D)Some workers benefit when the minimum wage is increased.

Which of the following is not a consequence of minimum wage laws?


A) Low-skilled workers are hurt because minimum wage reduces the number of jobs providing low-skilled workers with training.
B) Employers will be reluctant to offer low-skilled workers jobs with training.
C) Producers have an incentive to offer workers non-wage benefits such as health care benefits and convenient working hours rather than a higher wage.
D) Some workers benefit when the minimum wage is increased.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q114: Table 4-4
Table 4-4 </p></div><svg width=

Q115: The graph below represents the market for

Q116: Table 4-4
Table 4-4 </p></div><svg width=

Q117: Table 4-4
Table 4-4 </p></div><svg width=

Q118: Table 4-4
Table 4-4 </p></div><svg width=

Q120: To affect the market outcome, a price

Q121: Figure 4-6
Figure 4-6 </p></div><svg width=

Q122: In the economic sense, almost everything is

Q123: Which term refers to a legally established

Q124: Figure 4-5
Figure 4-5 </p></div><svg width=

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents