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Author Question: To be effective, the minimum wage must be set ________ the market-clearing wage, and this will ... (Read 80 times)

j.rubin

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on: Jun 29, 2018
To be effective, the minimum wage must be set ________ the market-clearing wage, and this will result in a ________ of labor.
 
  A) above; surplus
  B) above; shortage
  C) below; surplus
  D) below; shortage

Question 2

Refer to Figure 13.1. Assume the voting method used to select a location for the recreation center is the Borda-count method, where if a town gets ranked 1, it gets 3 points per vote, a town ranked 2 gets 2 points per vote,
 
  a town ranked 3 gets 1 point per vote, and a town ranked 4 gets no points per vote. With this method, the town that gets the greatest number of points is
  A) Desert Sands.
  B) Glacier Cove.
  C) Mountain View.
  D) Oceanside.


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nekcihc358

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

D


j.rubin

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Reply 2 on: Jun 29, 2018
Excellent

elyse44

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Reply 3 on: Yesterday
:D TYSM

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