When the government sets a price floor on earnings, it is called which of the following?
market equilibrium rate
base-level wage
minimum wage
employment guarantee
When the government sets a price floor on earnings, it is called minimum wage.
Question
Asked 9/17/2012 12:17:31 PM
Updated 203 days ago|7/20/2022 7:02:07 AM
1 Answer/Comment
This answer has been confirmed as correct and helpful.
Edited by
Masamune [7/20/2022 7:02:06 AM]