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-In the Figure Above, If a Minimum Wage of $6

question 312

Multiple Choice

  -In the figure above, if a minimum wage of $6 per hour has been imposed and the labor demand curve then shifts from D<sub>0</sub> to D<sub>1</sub> the wage rate ________ and the amount of employment ________. A)  falls; decreases B)  does not change; increases C)  does not change; decreases D)  falls; increases
-In the figure above, if a minimum wage of $6 per hour has been imposed and the labor demand curve then shifts from D0 to D1 the wage rate ________ and the amount of employment ________.


Definitions:

Strike

A work stoppage caused by the mass refusal of employees to work, typically to protest against terms of employment or working conditions.

Picket Lines

A boundary established by workers on strike, especially at the entrance to the place of work, meant to show unity and to discourage others from entering the premises.

Unfair Labor Practices

Actions by employers or unions that violate the rights of employees or union members, as defined by labor laws and regulations.

Cease-And-Desist Orders

Legal orders issued by a governmental authority or court to halt an activity or practice considered illegal or harmful.

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