Examlex

Solved

Which of the Following Matches Is Incorrect

question 46

Multiple Choice

Which of the following matches is incorrect?


Definitions:

Minimum-Wage Law

Legislation that sets the lowest hourly wage rate that an employer can legally pay its workers.

Labor Surplus

A situation where the supply of labor exceeds the demand for labor, often leading to unemployment.

Unemployment Insurance

A government-provided insurance that pays out when an individual loses their job and meets certain eligibility requirements.

Unemployment

A scenario in which people who are able to work and are actively looking for a job cannot secure employment.

Related Questions