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Author Question: Minimum wage laws cause unemployment because the legal minimum wage is set A) below the market ... (Read 323 times)

rmenurse

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on: Jun 29, 2018
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.


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TDubDCFL

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Reply #1 on: Jun 29, 2018
Answer to Question 1

E

Answer to Question 2

B


rmenurse

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

Liamb2179

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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