A Minimum Wage Set Above the Equilibrium Wage Rate for Low-Skilled

question 332

Multiple Choice

A minimum wage set above the equilibrium wage rate for low-skilled workers

• A) creates more employment opportunities for low-skilled workers.
• B) creates more prosperity among younger people.
• C) creates unemployment among low-skilled workers.
• D) increases the number of good paying jobs available to young people.

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Definitions:

Class Advocacy

Efforts or actions taken to support and defend the interests of a specific class or group of people, often in the context of social justice and rights.

Macro Skill

A broad, general skill area that encompasses complex capabilities, often used in contrast to more detailed, specific micro skills.

Macro Practice

Social work practice focused on large-scale social processes and institutions, seeking to implement systemic changes or interventions at the community, societal, or policy levels.

Media

Various means of communication, such as television, radio, newspapers, and the internet, used to disseminate information to a large audience.