What would be associated with the type of unemployment created by the minimum-wage law? a. Greg quits his job as a grocery cashier because he would rather work at the library. b. Fred decides to close his Thai restaurant because he cannot afford to pay workers the going wage. c. In hopes of earning a higher income, Bruce goes back to trade school to get further training. d. Liz pays the workers for her plumbing and heating company more than the equilibrium wage because she believes it will make them work harder.

What would be associated with the type of unemployment created by the minimum-wage law?
a. Greg quits his job as a grocery cashier because he would rather work at the library.
b. Fred decides to close his Thai restaurant because he cannot afford to pay workers the going wage.
c. In hopes of earning a higher income, Bruce goes back to trade school to get further training.
d. Liz pays the workers for her plumbing and heating company more than the equilibrium wage because she believes it will make them work harder.

What would be associated with the type of unemployment created by the minimum-wage law?
a. Greg quits his job as a grocery cashier because he would rather work at the library.
b. Fred decides to close his Thai restaurant because he cannot afford to pay workers the going wage.
c. In hopes of earning a higher income, Bruce goes back to trade school to get further training.
d. Liz pays the workers for her plumbing and heating company more than the equilibrium wage because she believes it will make them work harder.