Supporters of the minimum wage say that it helps people keep their dignity.Because of the law,workers cannot sell their services for less than the minimum. Furthermore,employers cannot force workers to accept jobs at unfair wages.
Economic theory predicts the results of economic decisions such as decisions about farm production,rent control,and the minimum wage.The predictions may be correct only if“other things are equal”.Economists do not agree on some of the predictions.They also do not agree on the value of different decisions.Some economists support a particular decision while others criticize it.Economists do agree,however,that there are no simple answers to economic questions.
1.There is the possibility that setting maximum rent may______.
A.cause a shortage of apartments
B.worry those who rent apartments as homes
C.increase the profits of landlords
D.encourage landlords to invest in building new apartments
2.The problem of unemployment will arise______.
A.if the minimum wage is set too high
B.if the minimum wage is set too low
C.if the workers are unskilled
D.if the maximum wage is set too high
3.The passage tells us______.
A.the relationship between supply and demand
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