According to the Textbook, Spain's Low Minimum Wage as a Percentage

question 168

Multiple Choice

According to the textbook, Spain's low minimum wage as a percentage of the average wage

• A)is strong evidence in support of the theory that high minimum wages cause unemployment among the young to rise.
• B)can be explained by the idea that the tradition of living at home is so strong in Spain that it offsets the effect of the low minimum wage.
• C)shows why differences in minimum wages across countries is a valid explanation for why the unemployment rate among young people varies.
• D)shows why lifestyle is not a valid explanation for why the unemployment rate among young people varies.
• E)demonstrates that Spain does not have an unemployment problem among its young.

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