What Is the Effect of Minimum-Wage Laws on Unemployment

question 63

Multiple Choice

What is the effect of minimum-wage laws on unemployment?

• A) Minimum-wage laws are the major cause of natural unemployment.
• B) Minimum-wage laws probably increase teenage unemployment.
• C) Minimum-wage laws mainly affect skilled workers.
• D) Minimum-wage laws have no impact on unemployment.

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Definitions:

Y-Coordinate

In a Cartesian coordinate system, the vertical value that represents a point's location along the vertical axis.

Z-Coordinate

In three-dimensional space, the z-coordinate represents the position of a point along the axis perpendicular to both the x-axis and y-axis.

U.S. Department of Justice

A federal executive department responsible for enforcing the laws of the United States, overseeing legal affairs, and ensuring public safety against foreign and domestic threats.

Antitrust Laws

Legislation enacted to prevent monopolies and promote competition among businesses.