The Term Confederation or Confederal Refers to

question 22

Multiple Choice

The term confederation or confederal refers to

• A) a system in which most power is with the central government.
• B) a voluntary association in which states have most of the power.
• C) a system in which state and local governments have equal power with the central government.
• D) a national legislature.
• E) the southern states where slavery was legal.

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Definitions:

Minimum-Wage Laws

Laws establishing the minimum per-hour payment that employers are legally allowed to offer their employees.

Unemployment

The situation in which individuals who are able and willing to work cannot find employment.

Minimum-Wage Law

Legislation that sets the lowest hourly wage rate that employers can legally pay their workers.

Equilibrium Wage

The wage level at which the quantity of labor demanded by employers matches the quantity of labor supplied by workers, leading to a stable employment situation.