billieisom2021 billieisom2021

12-02-2021
English

contestada

Which is considered a negative side effect of minimum wage?
a. Unemployment
b. Full employment
c. Increased interest rates
d. Failure to meet equilibrium production

Respuesta :

Kylapg207 Kylapg207

12-02-2021

Answer:

I think it is C. but im not sure

Explanation:

Answer Link

amoabebitqm amoabebitqm

17-02-2021

Answer:

A

Explanation:

Because minimum wage is a price floor on labor. Price floors create surpluses. If an economy has a surplus of labor then that economy is dealing with unemployment.

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