Which of the Following Is True

question 285

Multiple Choice

Which of the following is true?

• A) Most minimum wage workers are employed more than 40 hours per week.
• B) Economic analysis indicates an increase in the minimum wage would increase the training opportunities available to inexperienced workers.
• C) Most minimum wage workers are heads of families with incomes below the poverty level.
• D) Most minimum wage workers are employed part-time, and they are often members of a household with an income well above the poverty level.

Evaluate the ethical considerations and arguments for and against protectionism.

Understand the impact of inventory accounting methods on economic earnings.

Identify and calculate different financial ratios that indicate liquidity, profitability, and asset utilization.

Analyze the effect of debt on a firm's return on equity (ROE) under different conditions.