The federal minimum wage automatically increases every year for inflation

Indicate whether the statement is true or false


F

Economics

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The label "discouraged worker" refers to a change of status from ________

A) employed to actively seeking employment B) unemployed to employed C) unemployed to not in the labor force D) not in the labor force to unemployed

Economics

Best Lights and Bright Lights are two light bulb suppliers that are competing with each other. If Best Lights announces an upcoming price change next month, it may be signaling to Bright Lights its intent to engage in ________.

A) tacit collusion B) a Stackelberg oligopoly C) a Cournot oligopoly D) a Chamberlin oligopoly

Economics

Which category includes the largest number of firms?

a. sole proprietorship b. partnership c. corporation d. S-corporation e. limited partnerships

Economics

Use to following graph. Suppose Asarta Inc. is polluting yucko and they have been tasked with cleaning up some of their waste. If they are cleaning up Q tons of yucko then they are cleaning:

A. too little. B. too much. C. just the right amount. D. the allocatively efficient amount.

Economics