Multiple Choice
Economists who have studied minimum-wage laws in the United States find that a 10 percent increase in the minimum wage increases teenage unemployment by about:
A) 10 to 30 percent.
B) 5 percent.
C) 1 to 3 percent.
D) 0 percent.
Correct Answer:

Verified
Correct Answer:
Verified
Q47: Frictional unemployment is inevitable because:<br>A) different sectors
Q48: A policy that increases the job-finding rate
Q49: Most current unemployment-insurance programs are:<br>A) paid for
Q50: The minimum wage:<br>A) is usually about 75
Q51: The recent reduced demand for unskilled workers
Q53: Assume that the real wage in an
Q54: Which of the following is not a
Q55: The unemployment resulting when real wages are
Q56: Consider two countries: Flexiland and Stuckland. The
Q57: In recent years, Europe has experienced _