Holding All Else Equal, an Increase in Mandatory Payments by Employers

question 24

Multiple Choice

Holding all else equal, an increase in mandatory payments by employers for universal health care coverage for workers would lead to a decrease in the:

• A) supply of workers.
• B) the quantity supplied of workers.
• C) the quantity demanded of workers.
• D) demand for workers.

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Definitions:

Regions

Designated areas or divisions within a country or the world, often characterized by distinct physical, social, or cultural features.

Free Frank

Free Frank McWorter was an African-American man who bought his freedom from slavery, and later established the town of New Philadelphia, Illinois.

New Philadelphia

A historically significant town in Illinois, founded by Free Frank McWorter, an African American man, in 1836; it is notable for being the first town platted and registered by an African American before the American Civil War.

Ex-Slave

A person who has been emancipated from slavery or has escaped from enslavement.