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Minimum-Wage Laws Benefit Society by Creating a Surplus of Labor

question 259

True/False

Minimum-wage laws benefit society by creating a surplus of labor.


Definitions:

CR

Conditioned Response; a learned response to a previously neutral stimulus that has been repeatedly associated with an unconditioned stimulus.

UR

A term that might refer to an Unconditioned Response in psychology, which is an automatic, natural reaction to a stimulus.

US

Refers to the United States, a country located primarily between Canada and Mexico, composed of 50 states, a federal district, five major self-governing territories, and various possessions.

CS

Acronym for Conditioned Stimulus, a previously neutral stimulus that, after being associated with an unconditioned stimulus, elicits a conditioned response.

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