Multiple Choice
If the government were to intervene and set a wage for unskilled labor above the market wage,then we would expect,relative to the market outcome,
A) an increase in the number of unskilled jobs available.
B) a decrease in the number of unskilled jobs available.
C) a decrease in the number of workers wanting unskilled jobs.
D) None of the above is correct.
Correct Answer:

Verified
Correct Answer:
Verified
Q4: Trade<br>A)allows specialization, which increases costs.<br>B)allows specialization, which
Q35: Which of the following do economists not
Q38: Which of the following is a principle
Q40: Trade makes costs<br>A)higher and reduces the variety
Q42: Market economies are distinguished from other types
Q43: Which of these activities will most likely
Q108: In a market economy, economic activity is
Q109: The willingness of citizens to pay for
Q144: Which is the most accurate statement about
Q376: Which of the following observations was made