Multiple Choice
One reason why an increase in the minimum wage may result in increased employment is that
A) the government prohibits firms from laying-off affected workers
B) the supply of labor sometimes falls as a result of the higher minimum wage
C) all wages rises by the same percent that the minimum wage rises
D) employers react to the higher minimum wage by substituting part-time jobs for full-time jobs
E) employers react to the higher minimum wage by substituting full-time jobs for part-time jobs
Correct Answer:
Verified
Correct Answer:
Verified
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