One Effect of a Minimum Wage in the Market for Low-Skilled

question 3

Multiple Choice

One effect of a minimum wage in the market for low-skilled labor is

• A) a shortage of low-skilled labor.
• B) a surplus of low-skilled labor.
• C) no effect in the market for low-skilled labor.
• D) an increase in demand for low-skilled labor.

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Definitions:

IEEE 1394

An interface standard for a serial bus for high-speed communications and isochronous real-time data transfer, commonly referred to as FireWire.

RJ-45

A type of connector used on Ethernet network cards and ports. Used to connect a device to the wired network.

RJ-11

A type of connector used with analog modems and traditional phone jacks.

Conductors

Materials or substances that permit the flow of electric charge with minimal resistance.