A stated goal of a minimum wage is to
A) increase government tax revenue.
B) stabilize production costs.
C) boost the incomes of low-wage earners.
D) decrease business profits.
E) increase business profits by making the labor market more efficient.
C
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Refer to the scenario above. What is the future value of Wendy's deposit after three years?
A) $2,150.91 B) $2,278.64 C) $2,382.03 D) $2,764.12
The mangers of Happy Campers and Camp with Us are engaged in a strategic interaction in which their interests are aligned, but there is more than one possible equilibrium. All of the following can help the managers determine the equilibrium outcome except which one?
A) an announcement made by either firm regarding their future plans B) the Pareto criterion C) a focal point D) unpredictable strategies
the largest influence on the Fed's monetary policy actions is
What will be an ideal response?
Which of the following categories of GDP can possibly be negative?
A. Net exports and changes in private inventories only B. Net exports only C. Changes in private inventories only D. None of the categories