单选题
Which of the following most accurately describes the impact of a price ceiling set below the equilibrium price for a good and a minimum wage set above the equilibrium wage?
Price ceiling Minimum wage
①A. Shortage Decreased unemployment
②B. Surplus Increased unemployment
③C. Shortage Increased unemployment
A. ①B. ②C. ③
【正确答案】
C
【答案解析】A ceiling that is below the equilibrium price for a good will result in a shortage characterized by a quantity demanded that is greater than the quantity supplied. A minimum wage leads to increased unemployment as firms tend to substitute capital for labor. Even though there are often a large number of unemployed low-skilled workers who may be willing to work at a wage lower than the minimum wage, firms cannot legally hire them.