Asked by

Stephan Spano
on Oct 26, 2024

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In Europe,the minimum wage has led to:

A) lower unemployment,especially among young workers.
B) a proliferation of large companies in Italy.
C) widespread evasion of the minimum wage law in the black market for labor.
D) European governments hiring the surplus of workers.

Minimum Wage

The lowest legal hourly pay that workers can be paid by employers, set by government legislation.

Unemployment

The situation in which individuals who are capable of working and willing to work cannot find employment.

Black Market

An illegal traffic or trade in officially controlled or scarce commodities, bypassing governmental regulation or taxation.

  • Assess the impact of minimum wage legislation on job market and economic behavior.
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Xiomara Ciudad RealNov 01, 2024
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