If Employers Are Paid a Subsidy of $0

question 8

Multiple Choice

If employers are paid a subsidy of $0.75 per hour for hiring teenaged workers,then

• A) the teenagers' wage rate will usually increase by less than $0.75 per hour.
• B) the teenagers' wage rate will usually increase by more than $0.75 per hour.
• C) the teenagers' wage rate will usually increase by exactly $0.75 per hour.
• D) the teenagers' wage rate will usually decrease.

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Definitions:

Unlicensed Professional

A professional practicing without the required legal authorization or license.

Breach of Contract

The failure to perform any term of a contract, agreement, or promise without a legitimate legal excuse.

Innocent Misrepresentation

A false statement made by someone who honestly believes it to be true, impacting a contract or agreement.