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Author Question: In theory, a minimum wage should lead to unemployment, but there is no evidence of such an effect. (Read 34 times)

notis

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Question 1

Critics of minimum wage laws argue that such laws will end up hurting people with ________ skill levels because these laws interfere with the smooth functioning of the labor market and create ________.


◦ higher; a shortage of labor
◦ higher; unemployment
◦ lower; a shortage of labor
◦ lower; unemployment

Question 2

In theory, a minimum wage should lead to unemployment, but there is no evidence of such an effect.


◦ true
◦ false


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Marked as best answer by notis on Apr 19, 2019

zogaridan

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