The Minimum Wage

question 173

Multiple Choice

The minimum wage

• A)is an example of a price ceiling.
• B)has its greatest impact on middle-aged and immigrant workers.
• C)does not apply to unpaid internships.
• D)does not affect the quantity of labor demanded;it only affects the quantity of labor supplied.

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Definitions:

Hurdles

Obstacles or challenges that need to be overcome in order to achieve a goal.

Workplace

A location where people are employed and engage in activities related to their job or profession.

CEOs

Chief Executive Officers; the highest-ranking person in a company or organization, ultimately responsible for making managerial decisions.

Women

Adult human females, representing approximately half of the global population and playing diverse roles across societies and cultures.