Q
If a government were to fix a minimum wage for adult workers, economists would predict ?
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A
A. Wages in general would fall as employers tried to hold down costs
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B
B. Fewer young workers would be employed
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C
C. The costs and prices of firms employing cheap labour would increase
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D
D. There would be more unemployment
Correct Answer:
C. C. The costs and prices of firms employing cheap labour would increase