-The People Who Immediately Benefit from a Minimum Wage Are

question 7

Multiple Choice

-The people who immediately benefit from a minimum wage are

• A) the workers who retain their jobs after enactment of the minimum wage.
• B) everyone, both demanders and suppliers, because the minimum wage benefits everyone.
• C) all workers.
• D) employers who now pay the minimum wage.
• E) those people who enter the labour force to search for minimum wage jobs.

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Definitions:

Specific Performance

A legal remedy that compels a party to execute a contract according to its precise terms when monetary damages are inadequate.

Equitable Remedy

Judicial remedies granting relief based on fairness, including injunctions and specific performance, distinguished from remedies by way of monetary damages.

Damages

Monetary compensation awarded by a court to a person who has suffered loss or harm due to the wrongful act of another.

Mandatory Injunction

A court order requiring an individual or entity to perform a specific action, often to correct a wrong or prevent further harm.