Minimum Wage Laws Contribute to Structural Unemployment By

question 108

Multiple Choice

Minimum wage laws contribute to structural unemployment by:

• A)keeping wages above the market-clearing level.
• B)keeping wages below the market-clearing level.
• C)allowing unemployed workers to search longer or less intensively for jobs.
• D)forcing unemployed workers to take the first job offered to them.

---

Definitions:

Procedures

A set of established methods or steps taken to perform a particular task or to achieve a specific goal.

Social Psychology

The scientific study of how individuals think, influence, and relate to one another within a societal context.

Developmental Psychology

Developmental Psychology is the scientific study of how and why human beings change over the course of their life, from infancy through to old age, focusing on psychological processes and development.

Clinical Psychology

A branch of psychology focused on diagnosing and treating mental illness, emotional disturbance, and dysfunctional behavior.