Minimum-Wage Laws Are One Reason There Is Always Some Unemployment

question 224

True/False

Minimum-wage laws are one reason there is always some unemployment in the U.S. economy.

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Definitions:

Automatic Transmission

A type of vehicle transmission that automatically changes gear ratios as the vehicle moves, freeing the driver from having to shift gears manually.

Operant Conditioning

A method of learning that occurs through rewards and punishments for behavior, through which an individual makes associations between certain behaviors and their consequences.

Table Clearing

The process of removing dishes, utensils, and leftovers from a table after a meal.

Extinction

In behavioral psychology, the process through which a conditioned response decreases or disappears after repeated exposure to the conditioned stimulus without the unconditioned stimulus.