Which of the Following Statements About an Effective Minimum Wage

question 5

Multiple Choice

Which of the following statements about an effective minimum wage is true?

• A) A minimum wage shifts the demand curve for labor to the right.
• B) A minimum wage shifts the supply curve for labor to the right.
• C) A minimum wage tends to create unemployment among unskilled workers.
• D) Increasing the minimum wage makes it easier for unskilled workers to find jobs.

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