In the Short Run,those Who Are Hurt by the Minimum

question 1

Multiple Choice

In the short run,those who are hurt by the minimum wage are

• A)some workers who lose their jobs
• B)employers who have to pay more
• C)consumers who have to pay more for goods
• D)all of these

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Definitions:

Tsarina Alexandra

The last Empress of Russia, wife of Tsar Nicholas II, known for her influence at court and connection to the mystic Rasputin.

Russian People

Citizens or nationals of Russia, a transcontinental country located in Eastern Europe and Northern Asia, known for its rich history, cultural heritage, and diverse ethnic groups.

Bolsheviks

A faction of the Russian social-democratic movement that split from the Menshevik faction and, led by Lenin, seized control of Russia in the October Revolution of 1917.

October Revolution

A key event of the Russian Revolution of 1917, in which the Bolshevik party, led by Vladimir Lenin, overthrew the provisional government and established a Communist state.