--%>

Minimum Wage Laws-Unemployment

Rises in the legal minimum wage rate have not been answerable for rising: (i) Unemployment among the teenagers. (ii) Racial discrimination in the employment. (iii) Unemployment between skilled workers who have lost their jobs since of competition from the cheaper imports. (iv) Unemployment between the unskilled workers. (v) Discouragement against the labor force participation by the black teenagers.

Find out the right answer from the above options.

   Related Questions in Microeconomics

  • Q : Average total cost curve in pure

    No firm can ever generate a pure economic profit unless this: (i) possesses some market power or monopoly power. (ii) can adjust both its level of output and the price of its products. (iii) faces a demand curve with a segment above its average total

  • Q : Price leadership models When all firms

    When all firms in an oligopolistic industry raise and lower prices together, in that case it is most consistent along with: (w) the kinked demand curve. (x) price leadership models. (y) the herd instincts of investors. (z) competitive theories of cart

  • Q : Definition of Industry I have a problem

    I have a problem in economics on Definition of Industry. Please help me in the following question. The industry is stated as: (1) Each and every firm producing all final services and goods. (2) Each and every firm producing the similar product. (3) Th

  • Q : Higher labor force participation rate

    Poverty stricken families are seldom described by: (w) a female headed household. (x) higher labor force participation rates. (y) more frequent illnesses. (z) higher birth rates and more children. Hey friends pleas

  • Q : When price of a good or resource drops

    When the price of a good or resource drops/falls, the demands for: (i) that good or resource rise. (ii) Complementary goods or resources reduce. (iii) Replacement of goods or resources reduces. (iv) Luxury goods and inferior resources drop/fall.

  • Q : Shift responsibility for all flawed

    Can someone please help me in finding out the accurate answer from the following question. The directors of garage sales may attempt to shift the responsibility for all the flawed purchases to buyers by posting signs which state: (i) No trespassing. (ii) Carpe diem. (

  • Q : Marginal revenue at monopolist

    At the quantity where a demand of monopolist is unitarily elastic, so marginal revenue is: (1) positive. (2) negative. (3) one. (4) zero. (5) infinite. Hey friends please give your opinion for the problem of

  • Q : Social opportunity cost of resource

    Economic rent is: (w) income received by a factor owner in excess of the social opportunity cost of supplying the resource. (x) the difference between a firm’s revenues and the sum of the fixed and variable costs of production. (y) a form of eco

  • Q : Equal Income Distribution The income

    The income distribution tends to become more equal most quickly as countries become more: (1) socialistic. (2) capitalistic. (3) economically developed. (4) centrally planned. (5) agricultural. Please choose the ri

  • Q : Supply geomeric method to measure

    geomeric method to measure elasticity of supply