This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following is not likely to result from an increase in the federal minimum wage? a. an ... (Read 53 times)

mckennatimberlake

  • Hero Member
  • *****
  • Posts: 559
on: Jun 30, 2018
Which of the following is not likely to result from an increase in the federal minimum wage?
 a. an increase in the quantity of low-skill labor supplied
  b. a decrease in the quantity of low-skill labor demanded
  c. a decrease in teenage unemployment
 d. an increase in teenage unemployment

Question 2

Why doesn't the government print money in order to solve its debt problems?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Pamela.irrgang@yahoo.com

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

Government could print more money, but this would lead to a highly inflationary economy, which would in turn deeply undermine public confidence in the government and the stability of the market.


mckennatimberlake

  • Member
  • Posts: 559
Reply 2 on: Jun 30, 2018
:D TYSM

  • Member
  • Posts:
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

The Head Start program was designed to increase the school readiness of low-income children. The Head Start program was designed to increase the school readiness of low-income children.
The age-related increase in spirituality is different for two cohorts born seven years apart. The ... The age-related increase in spirituality is different for two cohorts born seven years apart. The ...
Pressure is a result of the atmosphere’s mass. Pressure is a result of the atmosphere’s mass.
How to find the maximum and minimum of a quadratic relation How to find the maximum and minimum of a quadratic relation
Modern machinery has helped farmers increase yields Modern machinery has helped farmers increase yields
Increase in Obesity among U.S. Children and Adolescents Increase in Obesity among U.S. Children and Adolescents
Video: Definition of heart rate

For a complete list of videos, visit our video library