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rsteel rsteel
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6 months ago

A minimum wage law (that sets the minimum wage above the equilibrium wage) can be expected to



clear the market for unskilled workers.



increase the number of unskilled workers employed.



increase the number of firms in those industries where the law is effective.



reduce the number of unskilled workers employed and/or reduce the number of hours worked by unskilled workers.



all of the above

Textbook 
Economics

Economics


Edition: 12th
Author:
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cblack14cblack14
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6 months ago
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rsteel Author
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6 months ago
this is exactly what I needed
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You make an excellent tutor!
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Thank you, thank you, thank you!
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