The minimum wage law has the most impact for: a. unskilled workers b. professionals c. skilled...
Question:
The minimum wage law has the most impact for:
a. unskilled workers
b. professionals
c. skilled workers
d. white-collar workers
Minimum Wage:
The minimum wage is typically set at different levels of government. A minimum wage is the lowest hourly wage a business can pay a worker. It can be thought of as a price floor in the market for labor.
Answer and Explanation: 1
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The minimum wage affects workers the most that have low skills. This is because unskilled workers tend to have the lowest wages and a...
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Unemployment rates are an important indicator of the economy. This lesson will explore what defines unemployment, why unemployment rates change, the way unemployment is calculated, and look at the three types of unemployment.
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