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Legislation setting high minimum wage rates benefits

Sublight2097

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9 years ago

Legislation setting high minimum wage rates benefits

Legislation setting high minimum wage rates benefits
A) many people receiving wages far above the minimum by reducing competition from unskilled workers.
B) no group in the economy, but is nonetheless widely supported out of ignorance.
C) only people who were previously receiving less than the legal minimum.
D) primarily teenagers and unskilled workers.
E) the whole economy by pushing up average income.

Textbook

The Economic Way of Thinking

Edition: 13^th

Authors: Heyne, Boettke, Prychitko

Read 217 times

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Smoooth

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Sublight2097 Author

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8 years ago

Another one in the books, marking it solved.

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Smoooth

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8 years ago

My pleasure Happy Dummy

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