Minimum wage laws cause unemployment because the legal minimum ...

[rmenurse]

Minimum wage laws cause unemployment because the legal minimum wage is set
 
  A) below the market wage, causing labor demand to be greater than labor supply.
  B) too low.
  C) above the market wage, causing labor demand to be greater than labor supply.
  D) below the market wage, causing labor demand to be less than labor supply.
  E) above the market wage, causing labor demand to be less than labor supply.

Question 2

The Federal Reserve's narrowest definition of the money supply is
 
  A) M0. B) M1. C) M2. D) M3.

[TDubDCFL]

Answer to Question 1

E

Answer to Question 2

B

[rmenurse]

TYSM

[Bigfoot1984]

Wow, this really help