-Refer to Exhibit 4-6

question 6

Multiple Choice

-Refer to Exhibit 4-6.Suppose the minimum wage is set at $7.The result will be

• A) a surplus of unskilled workers.
• B) a shortage of unskilled workers.
• C) no effect on the market for unskilled labor.
• D) none of the above

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Definitions:

Clinical Psychology

Branch of psychology that focuses on behavior disorders and other forms of mental illness, and how to treat them.

Cognitive Psychology

The study of thought processes, such as how memory works and what people notice.

Social Psychology

Social psychology is the study of how individuals think, feel, and behave in social contexts, including the influence of social interactions on human behavior and mental processes.

Cognitive Sociology

An area of sociology that focuses on the social construction of reality, exploring how individual cognition and societal phenomena influence each other.