Which One of the Following Will Most Likely Be Harmed

question 68

Multiple Choice

Which one of the following will most likely be harmed by legislation exempting teenagers from the minimum wage?

• A) a high school student seeking a part-time job
• B) a high-skilled, 30-year-old worker who is unlikely to compete with low-skilled teenagers in the employment market
• C) a large family that often employs the services of low-skilled, part-time workers
• D) an illiterate 40-year-old worker with few labor skills

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Definitions:

Rate Of Return

The advantage or disadvantage in the fiscal valuation of an investment over a designated period, communicated as a percentage of the investment's primary expense.

Business Venture

An entrepreneurial enterprise or company started with the aim of achieving growth and profitability.

Investing

is the act of allocating resources, usually money, with the expectation of generating an income or profit.

Perpetuity

A type of annuity that pays an infinite series of cash flows, with no end date.