One of the Consequences of the Minimum Wage Has Been

question 87

Multiple Choice

One of the consequences of the minimum wage has been:

• A)decreased unemployment for low-skill workers.
• B)workers offering to work off the books for less than the minimum wage.
• C)lower production costs for small businesses.
• D)increased employment for high-skill workers.

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Definitions:

Value Rationality

A type of action motivated by beliefs in the inherent value of certain ethical, aesthetic, or religious convictions, irrespective of potential outcomes.

Collective Action

A process where individuals come together to achieve a common objective, often overcoming personal self-interest for the good of the community.

Ideal Type

A conceptual model used in sociology that describes a pure form of a given social phenomenon, serving as a standard against which real phenomena can be compared.

General Sociological

Relating to the broad, overarching study of social behavior, structures, and functions within a society.