Which of the Following Statements About Mandated Employer Benefits Is

question 156

Multiple Choice

Which of the following statements about mandated employer benefits is not true?

• A)A mandated benefit increases labor supply.
• B)Laborers generally value mandated benefits more highly than higher wages.
• C)A mandated benefit decreases labor demand.
• D)Wages tend to be depressed by mandated benefits.
• E)A federal law that requires employers to give employees time off to care for sick relatives in an example of a mandated benefit.

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Definitions:

Number of Workers

The total count of individuals currently employed or available for employment in a specific labor market.

Daily Output

The total quantity of goods or services produced by a firm or an economy in a single day.

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Arrangements of flowers that are typically presented as gifts or used for decoration.

Florist

A professional specializing in the art and trade of arranging, selling, and often growing flowers and ornamental plants.