All of the following statements are true except
A. the minimum wage is one strategy used to reduce wage inequality.
B. in the United States, the minimum wage was first nationally adopted in 1894.
C. the minimum wage is the lowest wage firms can legally pay their workers.
D. the first minimum wage law was adopted in New Zealand.
Answer: B
You might also like to view...
Define discrimination. Why does discrimination occur, and what evidence exists that it does occur?
What will be an ideal response?
Opportunity cost of producing 1 pound of meat In 20 hrs. Pounds of meat Pounds of potatoes Farmer 2 4 Rancher 5 20
What will be an ideal response?
Dynamic tax analysis assumes
A) all of the present tax rates will be in place for a minimum of twenty years. B) changes in the tax rates have no effect on the tax base. C) changes in the tax rates have no effect on tax revenue. D) changes in the tax rates will change the tax base.
Explain how exchange rate policies affected economies during the Great Depression
What will be an ideal response?