Which of the Following Statements Is Correct

question 38

Multiple Choice

Which of the following statements is correct?

• A)A minimum wage law will result in less additional unemployment if labor demand is elastic rather than inelastic.
• B)An in-kind transfer allows a person to use the benefit to purchase whatever they think they need most.
• C)If a tax policy states that taxes owed equal 1/3 of income less $15,000, a person earning $25,000 per year would owe $6,666.67 in taxes.
• D)Welfare reform enacted in 1996 limited the amount of time recipients could stay on welfare.

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Definitions:

Sociology Mid-Term

A Sociology Mid-Term usually refers to a midterm examination in a sociology course, assessing students' understanding of sociological theories, concepts, and methodologies studied in the first half of the course.

Stanford Prison Experiment

A 1971 social psychology experiment that explored the psychological effects of perceived power by dividing participants into prisoners and guards in a simulated prison environment.

Philip Zimbardo

An American psychologist best known for his leading role in the Stanford Prison Experiment, which explored the effects of perceived power and authority on behavior.

Good People

Generally refers to individuals who exhibit moral and ethical behavior, kindness, and consideration for others.