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Refer to the Graph Shown

question 160

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Refer to the graph shown. If government establishes a minimum wage at $7.25 per hour: Refer to the graph shown. If government establishes a minimum wage at $7.25 per hour:   A) employers will be unable to find enough qualified applicants to fill the available positions. B) the number of job seekers will exceed the number of job vacancies, resulting in some unemployment. C) employers will be forced to hire 900 workers, resulting in reduced profits. D) there will be a shortage in this labor market.


Definitions:

Annexation of the Philippines

The process by which the United States took control of the Philippines from Spain in 1898, leading to a period of American colonial rule.

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A system where a community or group governs itself without control from external authorities.

Age Of Empire

A historical period characterized by the global expansion of European imperial powers during the late 19th and early 20th centuries.

Racial Attitudes

Beliefs and perceptions regarding races and racial differences that shape individuals' or groups' behavior toward other races.

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