ECO121_-_SP_2024_-_B3W_-_FE_1948.webp
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ECO121_-_SP_2024_-_B3W_-_FE_1948.webp


(Choose 1 answer)
When a minimum-wage law forces the wage to remain above the level that balances supply and demand, the result is a
A. surplus of labor and a shortage of jobs.
B. shortage of labor and a shortage of jobs.
C. surplus of labor and a surplus of jobs.
D. shortage of labor and a surplus of jobs.


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