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-In the Figure Above,if the Minimum Wage Is $8 Per

Question 138

Multiple Choice

-In the figure above,if the minimum wage is $8 per hour,then A) resources used in job-search activity increase compared to the situation before the minimum wage. B) it is legal to hire workers for a wage below the minimum wage because otherwise unemployment would result. C) the deadweight loss is minimized. D) Both answers A and B are correct. E) Both answers B and C are correct.
-In the figure above,if the minimum wage is $8 per hour,then


A) resources used in job-search activity increase compared to the situation before the minimum wage.
B) it is legal to hire workers for a wage below the minimum wage because otherwise unemployment would result.
C) the deadweight loss is minimized.
D) Both answers A and B are correct.
E) Both answers B and C are correct.

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