Many Economists Are Critical of the Minimum Wage Because They

question 55

Multiple Choice

Many economists are critical of the minimum wage because they believe that it

• A) hurts the efforts of labor unions.
• B) reduces the number of available job opportunities.
• C) conflicts with policies designed to equalize the distribution of income.
• D) causes labor shortages in affected markets.

---

Definitions:

Emergent Leader

An individual who naturally comes to be recognized as a leader by peers within a group due to their actions, decisions, and influence rather than formal appointment.

Legitimate Leader

An individual who holds a leadership position that is recognized and accepted by followers as rightful and lawful based on established rules or standards.

Assigned Leader

A person who is officially designated to hold a leadership position within an organization, often based on authority and responsibility given by the organization's hierarchy.

Coercive Leader

A leadership style characterized by the use of threats, punishment, and control to influence the behavior of followers.