In Countries That Have High Minimum Wages and Require a Lengthy

question 116

Multiple Choice

In countries that have high minimum wages and require a lengthy and costly process to get permission to open a business,

• A)reducing either the minimum wage or the time and cost to open a business would have no effect on the long-run aggregate supply curve.
• B)reducing the minimum wage and the time and cost to open a business would both shift the long-run aggregate supply curve to the right.
• C)reducing the minimum wage would shift long-run aggregate supply to the right.Reducing the time and cost to open a business would have no affect on the long-run aggregate supply curve.
• D)reducing the minimum wage would have no affect on the long-run aggregate supply curve.Reducing the time and cost to open a business would shift the long-run aggregate supply curve to the right.

Understand the psychology behind rejection and romantic pursuit behaviors.

Identify the fundamental human need to belong and its effects on social interactions and relationships.

Recognize the importance of similarity and how it influences attraction and friendship formation.

Understand strategies individuals use to gain social acceptance and improve interpersonal relationships.

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Definitions:

S-8

A registration form used by publicly-traded companies to register securities allocated for employee stock option and purchase plans.

Forms

Documents designed for recording, transmitting, or processing information according to specified requirements.

Registration

The process of recording information, specifically in context to securities, where securities must be registered before being offered to the public.

PCAOB

Public Company Accounting Oversight Board, a nonprofit corporation established by Congress to oversee the audits of public companies in order to protect investors and the public interest.