According to the Textbook, Spain's Low Minimum Wage as a Percentage

Multiple Choice

According to the textbook, Spain's low minimum wage as a percentage of the average wage

A) is strong evidence in support of the theory that high minimum wages cause unemployment among the young to rise.
B) can be explained by the idea that the tradition of living at home is so strong in Spain that it offsets the effect of the low minimum wage.
C) shows why differences in minimum wages across countries is a valid explanation for why the unemployment rate among young people varies.
D) shows why lifestyle is not a valid explanation for why the unemployment rate among young people varies.
E) demonstrates that Spain does not have an unemployment problem among its young.