In 2015, President Obama Proposed Increasing the Minimum Wage from $7.25/hr

question 57

Multiple Choice

In 2015, President Obama proposed increasing the minimum wage from $7.25/hr to $10.10/hr. According to theory, what would likely be the result of such an increase?

• A) Some workers would leave the labor market.
• B) Firms would hire more workers.
• C) All workers prior to the wage increase would now earn at least $10.10 per hour.
• D) Unemployment would increase as firms lay off workers.

Understand the concepts and applications of SQL queries in managing databases.

Recognize the significance of Big Data characteristics, including velocity.

Identify leading providers of cloud services and distinguish between PaaS and IaaS.

Understand the application of cloud-based services in business processes.

---

Definitions:

UPS

Uninterruptible Power Supply, a device that provides emergency power to a load when the input power source or mains power fails.

Surge Protector

A device that protects electrical appliances from voltage spikes by blocking or shorting to ground any unwanted voltages above a safe threshold.

Line Conditioner

A device that improves the quality of electrical power by stabilizing voltage and filtering noise and spikes.

Gpupdate

A command used to refresh local and Active Directory-based Group Policy settings.