Which of the Following Is Not Correct

question 54

Multiple Choice

Which of the following is not correct?

• A) It is only among the least skilled and least experienced members of the labor force that minimum-wage laws cause unemployment.
• B) The equilibrium wages of the least skilled and least experienced members of the labor force tend to be low,and,therefore,are more likely to fall below the legal minimum wage.
• C) If the wage is kept below the equilibrium level for any reason,the result is unemployment.
• D) Minimum-wage laws,unions,and efficiency wages are all reasons wages may be kept above the equilibrium level.

---

Definitions:

Accounting Firm

An organization specializing in performing financial tasks for individuals or businesses, such as audits, tax filings, and financial consulting.

Standard Deviation

Measures the amount of variation or dispersion of a set of values from the mean in a dataset.

Z-Score

A measure indicating the number of standard deviations an element is from the mean.

Loads

In engineering and physics, it refers to the forces, pressures, or stresses that are applied to a structure or component.