Which is considered a negative side effect of minimum wage? A.unemployment B.full employment C.increased interest rates D. failure to meet equilibrium production
The answer is A) Unemployment. If they get to little of a pay, and minimum wage, that can deeply affect their job. They need money to stay in business and work.
A. Is the correct answer because when a business is forced to spend more on employees they have to either increase price or cut costs to stay profitable. Usually, this means employees are fired to keep the business running.
