An increase in the minimum wage to $15 per hour would lead to
A) an increase in search activity for many workers.
B) a decrease in search activity for many workers.
C) a decrease in unemployment.
D) no change in unemployment.
E) no change in employment.

Question

Quizplus · Accepted Answer

An increase in minimum wage to $15 per hour would lead to an increase in search activity for many workers as they will now have higher wage expectations and may be more selective in choosing a job that pays them $15 per hour or more.

An Increase in the Minimum Wage to $15 Per Hour