Multiple Choice
Which of the following would be associated with the type of unemployment created by minimum wages?
A) Greg quits his job as a grocery cashier because he prefers to work at the library.
B) Mia searches for a low-wage job, but finds that there seem to be more people looking than positions open.
C) In hopes of earning higher income Bruce goes back to trade school to get further training.
D) Liz pays the workers for her plumbing and heating company more than the equilibrium wage because she believes it will make them work harder.
Correct Answer:

Verified
Correct Answer:
Verified
Q15: Right-to-work laws allow striking union members to
Q60: Spells of unemployment end about<br>A)1/5 of the
Q131: Which of the following is correct?<br>A)Short-term unemployment
Q134: Labor Stats<br>The Labor Market<br>This table shows the
Q135: Job search<br>A)explains why firms pay less than
Q137: Which group has the highest labor-force participation
Q139: Labor Stats<br>The Labor Market<br>This table shows the
Q140: When a union bargains successfully with an
Q141: Recent entrants into the labor force account
Q215: Most spells of unemployment are short, and