Economic analysis indicates minimum wage legislation has
a. made it possible for any teenager who wants to work to earn almost 80 percent as much as an adult.
b. made it easier for teenagers to find jobs that offer the opportunity for training.
c. been an important source of increases in income since most workers earn at or near the minimum wage.
d. reduced the on-the-job training opportunities available to teenagers.
D
You might also like to view...
Suppose the production function for T-shirts can be represented as q = L0.25 K0.75. Show that the isoquants for this function are convex
What will be an ideal response?
For the typical consumer, present consumption is
a. preferred to future consumption b. not preferred to future consumption c. preferred to future saving d. not preferred to future saving e. financed out of present saving
Which of the following represents the separate legal entity established by strategic? partners?
A. Leveraged buyout B. Acquisition C. Consolidation D. Strategic alliance E. Joint venture
Explain the popularity of options in the sense of the potential gains and losses they offer.
What will be an ideal response?