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Introduction to Economics 1
Introduction to Economics 1 Deneme Sınavı
Introduction to Economics 1 Deneme Sınavı Sorusu #721854
Introduction to Economics 1 Deneme Sınavı Sorusu #721854
What is the purpose of minimum wage laws?
to create a fair wage floor to protect workers |
to decrease the number of unslilled workers |
to decrease the rate of unemployment |
to employ more teens in the labour market |
to give skilled workers less wage |
Yanıt Açıklaması:
As a social policy, the minimum wage laws are imposed to create a fair minimum wage floor to protect workers in the job market. While the intention of the policymakers is to protect the workers, the imposition of minimum wage laws creates unemployment for especially unskilled labors. The correct anwer is A.
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