Asked by Langle Eunice on May 10, 2024
Verified
Minimum-wage laws are least likely to affect the wages paid to
A) highly-educated workers.
B) teenagers.
C) low-skilled workers.
D) inexperienced workers.
Minimum-Wage Laws
Minimum-wage laws set the lowest hourly wage that employers can legally pay their workers, aiming to protect employees from unduly low pay.
Highly-Educated Workers
Individuals in the workforce who have attained a high level of education, typically denoted by college degrees or other advanced certifications.
Low-Skilled Workers
Workers with minimal training or qualifications who typically perform simple tasks and earn lower wages.
- Gain insight into the influence of minimum wage policies on job availability and unemployment levels.
Verified Answer
NW
Nyquan WilsonMay 15, 2024
Final Answer :
A
Explanation :
Minimum-wage laws are designed to set a floor for wages, primarily affecting those in low-wage, low-skill positions. Highly-educated workers typically earn above the minimum wage, making these laws less relevant to their earnings.
Learning Objectives
- Gain insight into the influence of minimum wage policies on job availability and unemployment levels.