This Scenario addresses the economic concept of
A) financial intermediaries. B) deposit insurance.
C) retained earnings. D) present value.
Question 2
Which of the following statements is true?
A) Both efficiency wages and minimum wages increase unemployment.
B) Efficiency wages increase unemployment while minimum wages help reduce unemployment.
C) Both efficiency wages and minimum wages help reduce unemployment.
D) Efficiency wages help reduce unemployment while minimum wages increase unemployment.