2016年美国CPA模拟试题： Business（四）

In a competitive market an increase in the minimum wage will likely have the following effects:

a.The general (or aggregate) supply of labor will increase; however, the quantity supplied will remain unchanged.

b.The general (or aggregate) demand for labor will remain unchanged; however, the quantity demanded will decrease.

c.The general (or aggregate) supply of labor will remain unchanged; however, the quantity supplied will decrease.

d.The general (or aggregate) demand for labor will increase; however, the quantity demanded will remain unchanged.

答案：B

Explanation

Choice "b" is correct. The general (or aggregate) demand for labor will remain unchanged; however, the quantity demanded will decrease.

Choice "d" is incorrect, per explanation for choice "b" above.

Choices "a" and "c" are incorrect. The general (or aggregate) supply of labor will remain unchanged; however, the quantity supplied will increase.