Use the Following to Answer Questions

question 360

Multiple Choice

Use the following to answer questions:
Figure: The Demand for Bricklayers
-(Figure: The Demand for Bricklayers) Look at the figure The Demand for Bricklayers. The equilibrium market wage for bricklayers is $100 a day, but there is a new minimum wage of $120. Therefore:

• A) three workers who otherwise would have been employed by this firm are now unemployed.
• B) four workers will now be hired by this firm.
• C) all bricklayers are better off.
• D) this firm will shut down.

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Definitions:

William Julius Wilson

An influential American sociologist known for his research and writings on issues related to race, class, and inequality.

Race-specific Policies

Policies designed to address or target issues specific to particular racial or ethnic groups.

Affirmative Action

Affirmative action is a set of policies or practices within organizations aimed at increasing opportunities for historically excluded groups in employment, education, and other areas.

Racial Quotas

Policies or practices that allocate a certain number or percentage of opportunities or positions to individuals based on their racial or ethnic backgrounds.