Multiple Choice
Minimum-wage laws
A) reduce unemployment.
B) cause labor shortages,which further raise wages above equilibrium.
C) affect highly-educated workers more than high school dropouts.
D) None of the above is correct.
Correct Answer:

Verified
Correct Answer:
Verified
Q1: Figure 28-5 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2297/.jpg" alt="Figure 28-5
Q3: Workers searching for jobs that best suit
Q4: Figure 28-4<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2297/.jpg" alt="Figure 28-4
Q5: Figure 28-3 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2297/.jpg" alt="Figure 28-3
Q6: Figure 28-3 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2297/.jpg" alt="Figure 28-3
Q7: Figure 28-3 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2297/.jpg" alt="Figure 28-3
Q8: Wages in excess of their equilibrium level
Q10: Figure 28-3 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2297/.jpg" alt="Figure 28-3
Q11: Figure 28-3 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2297/.jpg" alt="Figure 28-3
Q84: When a minimum-wage law forces the wage