When the government sets out to help low-income people by establishing a minimum wage a. Increased unemployment

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When the government sets out to help low-income people by establishing a minimum wage

a. Increased unemployment may occur.

b. A shortage of labor may occur because there will not be enough workers to fill existing jobs.

c. Many workers will leave the work force.

d. All poor people will definitely be helped by the minimum wage.

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Introduction To Economics Social Issues And Economic Thinking

ISBN: 9780470574782

1st Edition

Authors: Wendy A. Stock

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Question Posted: Oct 28, 2023 08:37 AM

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When the government sets out to help low-income people by establishing a minimum wage a. Increased unemployment

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a Increased unemployment may occur When the government establishes a minim...View the full answer

Introduction To Economics Social Issues And Economic Thinking

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