Joe Sabia, an Assistant Professor of Public Policy at American

question 74

Multiple Choice

Joe Sabia, an assistant professor of public policy at American University in Washington, DC, says that a 10 percent increase in the minimum wage reduces retail employment by 1 percent and reduces employment among young workers by 3.4 percent.If President Obama is successful increasing the minimum wage by 30 percent as explained in "Obama Wants $9.50 Minimum Wage," we can expect

• A) Employment to decrease by about 30 percent and prices to increase.
• B) Unemployment to increase by about 30 percent and prices to decrease.
• C) Retail employment to decrease by about 3 percent and young workers'employment to decrease by about
• 10)2 percent.
• D) Prices to increase and unemployment to increase by about 3 percent.

Distinguish between vertical and horizontal organizational structures and their implications.

Grasp the concepts of formalization, centralization, and specialization in organizational contexts.

Appreciate the role of flexibility in organizational structures for creativity and efficiency.

Identify the factors affecting the span of control and strategies for its management.

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Definitions:

Personality Disorders

A group of mental disorders characterized by enduring maladaptive patterns of behavior, cognition, and inner experience, exhibited across many contexts.

Categorical

Relating to or involving categories, especially as opposed to continuous measurement or gradations; often used in reference to classification systems.

Psychodynamic View

A perspective in psychology that emphasizes the influence of the unconscious mind on behavior, stemming from Freudian theory.

Obsessive-Compulsive

Relating to a mental disorder characterized by recurrent, unwanted thoughts (obsessions) and repetitive behaviors (compulsions).