One of the probable effects of an increased minimum wage in Nigeria is?

One of the probable effects of an increased minimum wage in Nigeria is?
  • A.
    to create volunteer unemployment
  • B.
    to decrease the wage rate
  • C.
    to increase the level of unemployment
  • D.
    to create involuntary unemployment
  • E.
    to increase the demand for labour
Correct Answer: Option D
Explanation
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