Multiple Choice
When a minimum wage is set above the equilibrium wage rate,
A) unemployment decreases.
B) job search activity decreases.
C) the supply of workers decreases.
D) unemployment increases.
E) the supply of workers increases.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q84: A production quota is set below the
Q85: Use the table below to answer the
Q86: Use the table below to answer the
Q87: Use the figure below to answer the
Q88: Use the table below to answer the
Q90: The government sets a price floor for
Q91: Use the table below to answer the
Q92: Use the table below to answer the
Q93: Suppose the equilibrium wage is $10 an
Q94: Suppose that buying and selling a certain