Minimum Wages ________

question 98

Multiple Choice

Minimum wages ________.

• A) benefit all workers in an economy
• B) can reduce wage rigidity in the labor market
• C) can increase unemployment in an economy
• D) are usually set below equilibrium wages in the labor market

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Definitions:

Antheridia

Male gametophyte structures in plants where sperm are produced.

Sporophyte

The diploid, spore-producing phase in the life cycle of a plant that alternates with the haploid gametophyte phase.

Nonvascular

Refers to plants that lack vascular tissue, making them incapable of transporting water and nutrients over long distances.

Alternation of Generations

A reproductive cycle found in certain plants and algae, involving a sequential occurrence of two distinct forms, one haploid and the other diploid, each giving rise to the other.