Employers Sometimes Reduce the Fringe Benefits Provided to Workers When

Multiple Choice

Employers sometimes reduce the fringe benefits provided to workers when the government sets a minimum wage in the labor market.Due to this:

A) the real wage that employers pay increases by more than the money wage.
B) the real wage that employers pay declines and is at times zero.
C) the real wage that employers pay increases at the same rate as the money wage.
D) the real wage that employers pay increases by less than the money wage.