Figure 4-16 Refer to Figure 4-16

question 146

Multiple Choice

Figure 4-16 Refer to Figure 4-16. Some policymakers have argued that the government should establish a "living wage." A living wage would provide workers a reasonable standard of living in their city or region. If a living wage of $10 per hour is established in the market pictured here, we would expect

• A) employment will increase to 14 million.
• B) employment will decrease to 8 million.
• C) the wage will actually rise to $20 per hour.
• D) there will be a surplus of 14 million workers.

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Definitions:

Coral

Marine invertebrates in the class Anthozoa that typically live in compact colonies and are major contributors to the structure of reefs.

Clams

Marine or freshwater mollusks with two shells of equal size that are connected by a hinge, often buried in sand or mud.

Plants

Living organisms belonging to the kingdom Plantae, characterized by photosynthesis, a process that converts light energy into chemical energy.

Insects

Small arthropods belonging to the class Insecta, characterized by a three-part body, compound eyes, and one pair of antennae.