If the Minimum Wage Is a Binding Price Floor

question 122

Multiple Choice

If the minimum wage is a binding price floor:

• A)those who want to work will outnumber the jobs available.
• B)the market-clearing equilibrium wage will increase.
• C)there will be a job for everyone who is willing to work.
• D)business owners will hire more workers.

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Definitions:

Standard Precautions

A set of infection control practices used to prevent transmission of diseases that can be acquired by contact with blood, body fluids, non-intact skin (including rashes), and mucous membranes.

Personal Protective Equipment

Personal protective equipment, or PPE, refers to protective clothing, helmets, gloves, face shields, goggles, facemasks, and/or respirators or other equipment designed to protect the wearer from injury or infection.

Blood Sample

A small amount of blood taken from a person, usually for laboratory testing or analysis to assess health conditions.

Aseptic Technique

A set of practices and procedures performed under sterile conditions to minimize the risk of infection.