Multiple Choice
Which of the following is a consequence of minimum wage laws?
A) Low-skilled workers benefit because minimum wage increases the number of jobs providing low-skilled workers with training.
B) Some employers will be reluctant to hire as many workers as they would without a minimum wage.
C) Producers have an incentive to offer workers non-wage benefits such as health care benefits and convenient working hours rather than a higher wage.
D) All workers benefit when the minimum wage is increased.
Correct Answer:
Verified
Correct Answer:
Verified
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