Economists Who Support Minimum-Wage Legislation Are Likely to Believe That

question 457

Multiple Choice

Economists who support minimum-wage legislation are likely to believe that the

• A)demand for unskilled labor is relatively inelastic.
• B)demand for unskilled labor is relatively elastic.
• C)supply of unskilled labor is relatively elastic.
• D)supply of unskilled labor is relatively inelastic.

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Definitions:

Independent Variable

The variable in an experiment that is manipulated or changed by the researcher to observe its effects on the dependent variable.

No-Pill Condition

A scenario often used in experimental studies where participants are given no medication as a control group to compare the effects of a drug or treatment.

Physical Punishment

The use of physical force with the intention of causing a child to experience pain, but not injury, for purposes of correction or control.

Cross-Cultural Study

A research approach that compares cultural contexts to understand their influences on human behavior, practices, and beliefs, seeking to identify both universalities and cultural specificities.