Answer:
Suppose a bill is passed to make minimum hourly wage as $7.50, the implications would be that:
-If the minimum wage is set at $10.50, the market will not reach equilibrium.
-In the absence of price controls, a shortage puts upward pressure on wages until they rise to the equilibrium.
Therefore only the two above listed statements would be TRUE.
Answer:
I think B.
high unemployment
Explanation:
Because the people will not be trustworthy any more and there will be way more violence and you will never know if the person you are hiring is a criminal.
Hope I Helped