Question
The unemployment caused by raise in minimum wage by government _______ cyclical because_______. A.isnot; only structural change can create cyclical unemployment B.isnot; it is created
The unemployment caused by raise in minimum wage by government _______ cyclical because_______.
A.isnot; only structural change can create cyclical unemployment
B.isnot; it is created by the minimum wage and not by the phase of the business cycle
C.is; a minimum wage often createsrecession-like conditions
D.is; minimum wages are part of the arsenal used by the government to fight recession
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Land Economics Research
Authors: Joseph Ackerman, Marion Clawson, Marshall Harris
1st Edition
1317340426, 9781317340423
