Minimum wage laws usually
a. increase the number of unskilled workers who are employed.
b. benefit all unskilled workers.
c. raise the wages paid to unskilled workers who are employed.
d. All of the above are correct.
c
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On the risk side of the analysis, your team reviews the following data from the risk assessment process. Interpret each of these quantitative findings about pesticide risk, by stating precisely what the numerical value(s) mean or imply in each case. Be specific. (i) Pesticide W: Reference Dose (RfD) = 0.005 (ii) Pesticide X: threshold level of 0 for infants and children (iii) Pesticide Y: carcinogenic risk of 0.0075 percent (iv) Pesticide Z: a dose (D)-response (R) function modeled as R = 0 for all D < 0.6, R = – 0.3 + 0.5D for all D ? 0.6.
Suppose you are part of an economic analysis team charged with recommending a policy response to pesticide risks. Your team decides to use risk-benefit analysis as its risk management strategy.
What is the political business cycle and how does it relate to whether the central bank should have discretion or use a rule?
Suppose that the U.S. imposes an import quota on lumber. The quota makes the real exchange rate of the U.S. dollar
a. appreciate but does not change the real interest rate in the United States. b. appreciate and the real interest rate in the United States increase. c. depreciate and the real interest rate in the United States decrease. d. depreciate but does not change the real interest rate in the United States.
In recent years _____% of the labor force are labor union members.
A. 10-15 B. 25-35 C. 35-45 D. 45-55