A policy of raising the minimum wage is beneficial to all low-skilled workers
Indicate whether the statement is true or false
FALSE
Economics
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If spending is NOT responsive to changes in the interest rate, then
A) the Fed is "impotent." B) tax policy is "impotent." C) fiscal policy is "impotent." D) the Fed is "potent."
Economics
If the unemployment rate for whites was 5%, then the unemployment rate for blacks would be around
A. 3%. B. 5%. C. 7%. D. 10%. E. 15%.
Economics
The wage rate that is adjusted for changes in the price level over time is the
A. nominal wage rate. B. money wage rate. C. real wage rate. D. expected future wage rate.
Economics
A World View article titled "The Best Global Brands" discusses the value of brand names. In 2016 which of the following was the most valuable brand name?
A. Google. B. Coca-Cola. C. McDonalds. D. Apple.
Economics