Unlike Minimum Wage Laws,wage Subsidies

question 4

Multiple Choice

Unlike minimum wage laws,wage subsidies

• A)discourage firms from hiring the working poor.
• B)cause unemployment.
• C)help only wealthy workers.
• D)raise the living standards of the working poor without creating unemployment.

---

Definitions:

Conversion Ratio

The number of shares an investor gets for converting a convertible security into common stock.

Conversion Premium

The additional cost over the current market value to convert a convertible security into the underlying stock.

Issuance

The process of offering new securities for sale to the public or private investors by a company or government entity.

Continuously Compounded

A method of calculating interest where earnings are immediately reinvested, leading to exponential growth of the investment over time.