If Minimum Wages Are Higher Relative to the Median Wage,then

question 95

Multiple Choice

If minimum wages are higher relative to the median wage,then minimum wage will affect:

• A) more people and create more unemployment.
• B) more people and create less unemployment.
• C) fewer people and create more unemployment.
• D) fewer people and create less unemployment.

---

Definitions:

Serotonin

Serotonin is a neurotransmitter known for its role in feelings of well-being and happiness, and it affects mood, anxiety, and sleep among other physiological processes.

LTP

Long-Term Potentiation; a long-lasting enhancement in signal transmission between two neurons that results from stimulating them synchronously, foundational for learning and memory.

Epinephrine

A hormone and neurotransmitter also known as adrenaline, involved in the body's fight-or-flight response.

Emotional Arousal

A state of heightened physiological and psychological activity, often in response to an emotion-evoking stimulus.