When a minimum wage is set above the equilibrium wage rate, . A. unemployment increases B. unemployment decreases C. job search activity decreases D. the supply of workers decreases

Option A

Explanation: An increase in the minimum wage will lead to corresponding decrease in the amount of labour (employment will reduce) because most firm want to increase their profit (profitability) and still maintain morality among their employees. The more the government increase minimum wage, the more people who is looking for job even when there is non. Due to minimum wage increase, firm will higher less and this will bring a falling down of the demand of labour curve.

"social stratification refers to the way people are ranked and ordered in society. in western societies, stratification is primarily seen and understood as a result of socioeconomic status, which produces a hierarchy in which access to resources, and possession of them, increases from the lower to the upper strata"

so you know what happened be fore you were alive

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