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Author Question: The idea that individuals who work for companies should receive ________ is known as minimum wage. (Read 42 times)

Yi-Chen

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

snackralk

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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.
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Yi-Chen

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Reply 2 on: Apr 19, 2019
Great answer, keep it coming :)

tranoy

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Reply 3 on: Yesterday
Excellent

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