If the minimum wage is set above the equilibrium wage rate, then another thing unchanged ?

Related Mcqs:

Refer to Figure 1 The labour fouce is ?

A. 134.0 million B. None of theses answers C. 92.3 million D. 98.0 million...

Refer to Figure 1. The labour force participation rate is ?

A. 47.1 Percent B. 65.9 Percent C. 50.2 Percent D. 70.2 Percent...

A miner who has been unable to find work for so long that he has stopped looking for work is considered to be ?

A. Not in the labour force B. Not in the adult population C. Unemployed D. Employed...

Reducing involuntary unemployment ?

A. Helps the economy move on the to Production Possibility Frontier B. Helps shift the economy’s Production Possibility Frontier outwards C. Helps the economy move along its Production Possibility Frontier D. Helps the economy move inside the Production Possibility Frontier...

According to the Office of National Statistics UK, a husband who chooses to stay home and take care of household is ?

A. Employed B. Not in the labour force C. A discouraged worker D. Unemployed...