As a Politician,you Would Be More Inclined to Propose an Increase

Multiple Choice

As a politician,you would be more inclined to propose an increase in the minimum wage when you believe that the new minimum wage would

A) remain below the equilibrium wage and be binding.
B) remain above the equilibrium wage and be binding.
C) remain below the equilibrium wage and be nonbinding.
D) remain above the equilibrium wage and be nonbinding.
E) be equal to the equilibrium wage.