A Price Floor Is

question 20

Multiple Choice

A price floor is

• A)a minimum price set by government.It causes a surplus if effective.
• B)the equilibrium price.
• C)a minimum price set by government.It causes a shortage if effective.
• D)a maximum price set by government.It causes a shortage if effective.
• E)a maximum price set by government.It causes a surplus if effective.

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Definitions:

Systemic Discrimination

The exclusion of members of certain groups through the application of employment policies or practices based on criteria that are not job related.

Employment Equity Implementation

The process of applying policies and practices to correct inequalities in employment and representation within a workplace, particularly for historically disadvantaged groups.

Discrimination Gap Analysis

An evaluation method aimed at identifying disparities in the treatment or outcomes of different groups of employees, potentially indicating the presence of discrimination.

Undue Hardship

A legal concept that represents significant difficulty or expense imposed on an employer by accommodating an employee's special needs.