If the Minimum Wage Law Is Repealed and Employers Begin

question 10

Multiple Choice

If the minimum wage law is repealed and employers begin using efficiency wages far less frequently, it would ___ unemployment and ____ the natural rate of unemployment:

• A)​Increase; increase.
• B)​Increase; not change.
• C)​Decrease; decrease.
• D)​Decrease; not change.

---

Definitions:

Observable Attitudes

Attitudes that can be visibly inferred or interpreted through an individual's actions, expressions, or behaviors.

Implicit Needs

Describes desires or motivations that are not directly expressed but influence behavior and decisions.

Common Perceptions

Widely shared viewpoints or attitudes among a group of people regarding a particular issue or situation.

Shared Values

Core beliefs or principles that are collectively regarded as important by members of a group, organization, or society.