The Number of Unskilled Workers Employed Before and After a Change

question 73

Multiple Choice

The number of unskilled workers employed before and after a change in the minimum wage is found to be the same.This means

• A) the minimum wage change did not affect the unskilled labor market.
• B) nothing,unless we also know that the number of hours worked by each worker has not changed.
• C) the minimum wage could be below the equilibrium wage for unskilled labor.
• D) either b or c
• E) none of the above

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Definitions:

Cooperative Federalism

A concept where state, local, and federal governments collaborate and share responsibilities, powers, and resources to solve common problems or improve citizens’ lives.

Devolution

The transfer or delegation of power to a lower level, especially by central government to local or regional administrations, without relinquishing authority.

Dual Federalism

A concept of federalism where state and federal governments are seen as co-equal sovereign powers operating separately within their respective spheres of influence.

Regression

A statistical method used for estimating the relationships among variables, often used to determine the strength and character of the relationship between one dependent variable and one or more independent variables.