Which of the Following Statements About the Minimum Wage Is

question 73

Multiple Choice

Which of the following statements about the minimum wage is false?

• A)The minimum wage causes a shortage of unskilled labor.
• B)The minimum wage is an example of a price floor.
• C)The minimum wage increases unemployment among unskilled workers.
• D)More unskilled individuals are willing to offer their services in the labor market with a minimum wage than they would without it.
• E)The minimum wage is set above the equilibrium wage.

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Definitions:

Total Capacitance

The sum of individual capacitances in a circuit when connected in parallel, reducing when capacitors are in series, affecting the circuit's ability to store charge.

μ F

Microfarads, a unit of capacitance equal to one millionth of a farad.

Parallel Connection

A way of connecting electrical components in a circuit so that each component is directly connected to the voltage source, and the current can flow along multiple pathways.

Total Capacitance

The overall capacity of an electrical circuit to store an electric charge, often measured in farads (F).