Minimum-wage laws _______.

A. create unemployment.
B. do not apply in states with right-to-work laws.
C. affect highly-educated workers more than high school dropouts.
D. cause labor shortages, which further raise wages above equilibrium.

Respuesta :

Answer:

Minimum wage laws do not apply in states with right to work laws.

Explanation:

Minimum wage law is a law which hinders employers from hiring employees for less than a given minimum wage. Once a minimum wage law has been set, the wage paid to workers would not be less than the agreed amount.

Right-to-work laws are state laws that bans labour union agreements between firms andĀ labour unions. Under right-to-work laws, workers are banned from contracts negotiations.

Right-to-work laws aim are not to provide employment guaranteeĀ to people looking for work but are a ban by the government on contractual agreements between employers and union workers that requires workers to pay for the costs of representing the union.

Minimum wage laws does not create unemployment neither does it affect highly educated workers more than high school dropouts. Everyone has an equal chance of been affected as level of education doesn't really matter. Minimum wage doesn't cause labor shortages, there's increase in labor supply during this period as workers want to work since there is likelihood to earn more.

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