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It Is Only Among the Least Skilled and Least Experienced

question 115

True/False

It is only among the least skilled and least experienced members of the labor force that minimum-wage laws cause unemployment.


Definitions:

Construct Validity

The degree to which a test or instrument measures the theoretical construct or psychological concept it intends to measure.

Population

The total number of people under consideration.

Sample

A subset of individuals from a larger population, selected for participation in a research study, meant to represent the larger group.

Cohort

A group of individuals sharing a specific characteristic, typically defined by age, who are studied over a period of time.

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