The Higher the Minimum Wage Is Above the Equilibrium Wage

question 307

Multiple Choice

The higher the minimum wage is above the equilibrium wage, the:

• A) greater is the number of low-skilled unemployed workers.
• B) smaller is the labor surplus among teenagers.
• C) smaller is the number of low-skilled unemployed workers.
• D) more likely it is for students to stay in high school and receive their diploma.

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Definitions:

Phantom Limb Sensations

Feelings that an amputated or missing limb is still attached to the body and is moving appropriately with other body parts.

Psychokinesis

The supposed ability to move or manipulate objects with the mind alone, without physical interaction.

Vestibular Sense

The sensory system that contributes to balance and spatial orientation by detecting changes in motion and gravity.

Kinesthesia

The perception of body movements and position sense, often referred to as proprioception.