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Author Question: Minimum wage laws contribute to a higher unemployment rate by (Read 47 times)

Charlie

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on: Apr 19, 2019

Question 1

If, as a result of imperfect information, firms set their wage rates above the market clearing wage rate


◦ unemployment decreases.
◦ there will be a surplus of workers.
◦ there will be a shortage of workers.
◦ there will be equilibrium in the labor market.

Question 2

Minimum wage laws contribute to a higher unemployment rate by


◦ raising wages above the market clearing level in some labor markets.
◦ pushing wages below the market clearing level in some labor markets.
◦ raising wages above the market clearing level in all labor markets.
◦ pushing wages below the market clearing level in all labor markets.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by Charlie on Apr 19, 2019

annierak

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Charlie

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Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review

DylanD1323

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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