A minimum wage set above the equilibrium minimum wage will most likely have which of the following effects（）
A: It will have no effects.
B: Unemployment will rise.
C: There will be a shortage of workers.
A: It will have no effects.
B: Unemployment will rise.
C: There will be a shortage of workers.
举一反三
- Which of the following effects does raising the minimum wage have on unemployment?
- The problem of unemployment will arise ______. A: if the minimum wage is set too high B: ff the minimum wage is set too love C: if the workers are unskilled D: if the maximum wage is set
- A wage is the price for labor. A minimum wage set above equilibrium wage would be an example of: A: . a price ceiling. B: . a price floor. C: . a gap in prices or wages. D: . a wage settlement.
- The natural rate of unemployment will most likely increase if A: the minimum wage rate is decreased B: unemployment benefits are increased C: monetary growth is decreased D: income taxes are increased E: all of the above
- the minimum wage