The Employment Effect of a Minimum Wage Increase Is Greater

question 102

Multiple Choice

The employment effect of a minimum wage increase is greater the

• A)more elastic the demand for labor.
• B)less elastic the demand for labor.
• C)more the wage ceiling shifts the supply curve.
• D)more the wage floor shifts the demand curve.

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Definitions:

College Student Samples

College student samples are groups of college students used in social science research to study behavior, attitudes, or opinions, often criticized for lacking generalizability.

Prison Inmates

Individuals confined within a correctional facility serving time for crimes they have been convicted of.

Adult Samples

Groups or collections of adults used in research, surveys, or studies to gather data on specific topics, avoiding biases from non-adult populations.

Random Sample

A method of selecting a subset of individuals from a population in which each individual has an equal probability of being chosen.