One Effect of a Minimum Wage in the Market for Low-Skilled

question 3

Multiple Choice

One effect of a minimum wage in the market for low-skilled labor is

• A) a shortage of low-skilled labor.
• B) a surplus of low-skilled labor.
• C) no effect in the market for low-skilled labor.
• D) an increase in demand for low-skilled labor.

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Definitions:

Freud

Sigmund Freud, an Austrian neurologist and the founder of psychoanalysis, a method for treating psychopathology through dialogue between a patient and a psychoanalyst.

REM Sleep

Rapid Eye Movement sleep, a stage of sleep characterized by rapid movement of the eyes, low muscle tone, vivid dreams, and increased brain activity.

Narcolepsy

A sleep disorder marked by excessive daytime sleepiness, often accompanied by sudden muscle weakness or sleep attacks.

REM Rebound

The tendency for REM sleep to increase following REM sleep deprivation (created by repeated awakenings during REM sleep).