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

Author Question: Minimum wage laws contribute to a higher unemployment rate by (Read 53 times)

Charlie

  • Hero Member
  • *****
  • Posts: 640
on: Apr 19, 2019

Question 1

If, as a result of imperfect information, firms set their wage rates above the market clearing wage rate


◦ unemployment decreases.
◦ there will be a surplus of workers.
◦ there will be a shortage of workers.
◦ there will be equilibrium in the labor market.

Question 2

Minimum wage laws contribute to a higher unemployment rate by


◦ raising wages above the market clearing level in some labor markets.
◦ pushing wages below the market clearing level in some labor markets.
◦ raising wages above the market clearing level in all labor markets.
◦ pushing wages below the market clearing level in all labor markets.
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 Charlie on Apr 19, 2019

annierak

  • Sr. Member
  • ****
  • Posts: 340
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 64% of students answer this correctly


Charlie

  • Member
  • Posts: 640
Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review

at

  • Member
  • Posts: 359
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Factors influencing pulse rate Factors influencing pulse rate
Respiratory Rate Ranges of Various Age Groups Respiratory Rate Ranges of Various Age Groups
Conscientiousness is negatively correlated with a number of health-related behaviors. The higher the ... Conscientiousness is negatively correlated with a number of health-related behaviors. The higher the ...
Top Ten States Ranked by Rate or Reported Bacterial STI Cases in 2011 Top Ten States Ranked by Rate or Reported Bacterial STI Cases in 2011
Factors That Affect Your Basal Metabolic Rate Factors That Affect Your Basal Metabolic Rate
Consider the production function ( ) 0.5 0.5 Y = AK L . Suppose both saving rate (s) and the ... Consider the production function ( ) 0.5 0.5 Y = AK L . Suppose both saving rate (s) and the ...
Video: Methods that regulate pH

For a complete list of videos, visit our video library