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Q:

A minimum wage _____.

A) is the price floor below which workers may not sell their labor B) is set at a price below the equilibrium wage
C) creates a price ceiling below which the wage cannot legally go D) decreases unemployment

Answer:   A) is the price floor below which workers may not sell their labor



Explanation:
Subject: Indian Economy
Exam Prep: Bank Exams
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India was ranked at which place among emerging economies on Inclusive Development Index (IDI-2018) released by World Economic Forum (WEF)?

 

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What was the major decision that took place in 1987 Montreal Conference?

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Which of the following should always be balanced in the foreign trade of India?

 

 

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