Suppose You Were to Hear a Politician Defend the Minimum

question 23

Multiple Choice

Suppose you were to hear a politician defend the minimum wage on the grounds that it would not cause that much unemployment because firms have to hire a certain number of workers, you would know this person to be relying on the ____ argument.

• A)macroeconomic
• B)elasticity
• C)work effort
• D)consumer and producer surplus

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Definitions:

Composite View

A convention of representation in art in which part of a figure is shown in profile and another part of the same figure is shown frontally; often used in ancient Egyptian and other Near Eastern art traditions.

Three-Quarter Pose

A common pose in portraiture where the subject is turned slightly away from the viewer, showing three-quarters of their face.

Neolithic Society

Refers to the later part of the Stone Age, when human societies began to practice agriculture and settle in permanent communities, leading to the development of complex societies.

Bronze Tools

Tools made from bronze, an alloy consisting primarily of copper, often used in the early periods of human civilization for their durability.