Examlex
Which of the following best summarizes the purpose of the Tackling Violent Crime Act in 2007 and the Safe Streets and Communities Act in 2012?
Unemployment Insurance
A government program that provides temporary financial assistance to workers who have lost their jobs through no fault of their own.
Minimum-Wage Law
Legislation that establishes the lowest hourly wage that employers can legally pay their workers.
Equilibrium Wage
The wage rate at which the quantity of labor demanded by employers equals the quantity of labor supplied by workers.
Labor Supplied
The total number of hours that workers are willing and able to work at a given wage rate.
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