Multiple Choice
Which of the following is not true of minimum wages?
A) They have little effect on highly skilled workers.
B) They raise incomes of unskilled laborers who have jobs.
C) They prevent some willing workers from getting jobs.
D) They decrease wages for unskilled workers.
Correct Answer:

Verified
Correct Answer:
Verified
Q257: Figure 20-4 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8592/.jpg" alt="Figure 20-4
Q258: Discuss the historic increases and decreases in
Q259: A minimum wage law is predicted to
Q260: Figure 20-3 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8592/.jpg" alt="Figure 20-3
Q261: Innovation tends to be an extremely competitive
Q263: Small firms and entrepreneurs tend to focus
Q264: A minimum wage law might increase wages
Q265: When unions and management fail to reach
Q266: Doctors demand large salaries in part because<br>A)they
Q267: Which of the following has no market