One result of the minimum wage is
A) a black market for labor that pays more than the minimum wage.
B) a black market for labor that pays less than the minimum wage.
C) decreased job search activity.
D) a decrease in unemployment among poor and unskilled workers.
E) an increase in employment among poor and unskilled workers.

Question

Quizplus · Accepted Answer

A black market for labor that pays less than the minimum wage can emerge as employers seek to circumvent minimum wage laws, hiring workers off the books for lower wages.

One Result of the Minimum Wage Is