A-LevelEconomicsGovernment microeconomic intervention9708/12 · Feb/Mar 2018 · Q141 Mark
Which benefit is most likely to result from a rise in the minimum price of labour (wage rate)?
Areduction in costs of production
Breduction in income inequality
Creduction in the level of unemployment
Dreduction in the rate of inflation
✓ Correct answer
B: reduction in income inequality
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