The General Equilibrium Analysis of a Minimum Wage Applied to Only

question 95

Multiple Choice

The general equilibrium analysis of a minimum wage applied to only some sectors of the economy suggests that

• A) workers in all sectors will face increased wages.
• B) some workers in the covered sectors will lose their jobs and remain unemployed.
• C) some workers originally employed in the covered sectors will move to the uncovered sectors, driving down wages in the uncovered sectors.
• D) all workers will be worse off.

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The performance of a lawful action in an illegal or improper manner.

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