Reference: Ref 6-11 (Figure: Wage Subsidy) Consider the Use of Wage

question 9

Multiple Choice

Reference: Ref 6-11 (Figure: Wage Subsidy) Consider the use of wage subsidies versus the minimum wage. Employment with a wage subsidy is: ________, versus employment with an $8 minimum wage is: ________.

• A) 180; 120
• B) 120; 180
• C) 150; 150
• D) 180; 180

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Definitions:

Usable

Suitable or ready for use; able to be used for a particular purpose or in a particular way.

Delta G

The change in Gibbs free energy, predicting the direction of chemical reactions and their spontaneity.

Free Energy

A thermodynamic quantity that represents the amount of energy in a system that is available to do work.

Reactants

Substances initially present in a chemical reaction that are consumed during the reaction to create products.