An increase in the minimum wage will cause a relatively large increase in unemployment among ?

A. unskilled workers if the demand for labour is relatively inelastic
B. unskilled workers if the demand for labour is relatively elastic
C. skilled workers if the demand for labour is relatively elastic
D. skilled workers if the demand for labour is relatively inelastic

Correct Answer: unskilled workers if the demand for labour is relatively elastic ✔

Last Updated: June 11, 2019