Answered step by step
Verified Expert Solution
Question
1 Approved Answer
What is a possible effect of a minimum wage on investment in on-the-job training? Group of answer choices It may reduce the rate of return
What is a possible effect of a minimum wage on investment in on-the-job training? Group of answer choices It may reduce the rate of return on investment in training It may lead a worker to pay the entire cost of investment in general training It may discourage the investment in employer general training It may lead a firm to pay the entire cost of investment in general training
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Microeconomics
Authors: Dean Karlan, Jonathan Morduch
1st edition
978-0077332587, 007733258X, 978-0077332648, 77332644, 978-1259163531
