Which of the following is not likely to result from an increase ...

[mckennatimberlake]

Which of the following is not likely to result from an increase in the federal minimum wage?
 a. an increase in the quantity of low-skill labor supplied
  b. a decrease in the quantity of low-skill labor demanded
  c. a decrease in teenage unemployment
 d. an increase in teenage unemployment

Question 2

Why doesn't the government print money in order to solve its debt problems?

[Pamela.irrgang@yahoo.com]

Answer to Question 1

c

Answer to Question 2

Government could print more money, but this would lead to a highly inflationary economy, which would in turn deeply undermine public confidence in the government and the stability of the market.

[mckennatimberlake]

Thanks for the timely response, appreciate it

[amynguyen1221]

Gracias!