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

Author Question: The idea that individuals who work for companies should receive ________ is known as minimum wage. (Read 39 times)

Yi-Chen

  • Hero Member
  • *****
  • Posts: 550
on: Apr 19, 2019

Question 1

In 2015, President Obama proposed increasing the minimum wage from $7.25/hr to $10.10/hr. According to theory, what would likely be the result of such an increase?


◦ Some workers would leave the labor market.
◦ Firms would hire more workers.
◦ All workers prior to the wage increase would now earn at least $10.10 per hour.
◦ Unemployment would increase as firms lay off workers.

Question 2

The idea that individuals who work for companies should receive ________ is known as minimum wage.


◦ at least an equitable hourly income
◦ fair compensation for their skills
◦ compensation based on the riskiness of their jobs
◦ increases in wages based on the longevity of employment
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Yi-Chen on Apr 19, 2019

snackralk

  • Sr. Member
  • ****
  • Posts: 363
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly


Yi-Chen

  • Member
  • Posts: 550
Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review

carojassy25

  • Member
  • Posts: 299
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Did you know?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Although average brain size increases gradually though time in H. erectus, individuals with small br Although average brain size increases gradually though time in H. erectus, individuals with small br
Math work Math work
Multitasking at work Multitasking at work
A timeline showing the development of genetics from Gregor Mendel’s work A timeline showing the development of genetics from Gregor Mendel’s work
Sources of Variation in Traits Among Individuals of a Species Sources of Variation in Traits Among Individuals of a Species
Video: Brain Anatomy Animation (Part 1 of 2)

For a complete list of videos, visit our video library