Opponents of the Minimum Wage Law Implicitly Assume That the _____

question 39

Multiple Choice

Opponents of the minimum wage law implicitly assume that the _____ if they worry about the unemployment effects of the policy.

• A)Supply curve for unskilled workers is inelastic
• B)Supply curve for unskilled workers is highly elastic
• C)Demand curve for unskilled workers is inelastic
• D)Demand curve for unskilled workers is highly elastic

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Definitions:

Genes

Segments of DNA that are responsible for hereditary characteristics and serve as the basic units of heredity.

Dependent Variables

Variables in experimental research that are expected to change as a result of manipulation of independent variables; they are the outcomes measured by the researcher.

Independent Variables

In an experiment, the variable that is manipulated or altered to examine its effect on a dependent variable.

Demand Characteristics

The cues in a study that might tell a research participant what behaviors are expected or desirable in that setting.