(Last Word) If the Minimum Wage in the Restaurant Industry

question 7

Multiple Choice

(Last Word) If the minimum wage in the restaurant industry increases over time, eventually we would expect

• A) the restaurant industry to expand as higher wages drive up demand.
• B) there to be fewer of all types of restaurants, but no change in the proportion of mom and pop restaurants relative to chain restaurants.
• C) the ratio of mom and pop restaurants to highly capitalized chain restaurants to increase.
• D) the ratio of highly capitalized chain restaurants to mom and pop restaurants to increase.

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American President

The head of state and head of government of the United States, elected to a four-year term, serving as the executive branch's leader.

Plessy V. Ferguson

A landmark 1896 U.S. Supreme Court decision that upheld state laws requiring racial segregation in public facilities under the doctrine "separate but equal."

Separate-But-Equal

A legal doctrine that justified and permitted racial segregation, claiming equality in separate facilities for black and white Americans.

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