Minimum Wages Create Unemployment in Markets Where They Create a

question 5

Multiple Choice

Minimum wages create unemployment in markets where they create a

• A)shortage of labor.Unemployment of this type is called frictional.
• B)shortage of labor.Unemployment of this type is called structural.
• C)surplus of labor.Unemployment of this type is called frictional.
• D)surplus of labor.Unemployment of this type is called structural.

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Definitions:

Cognitive-behavioral Therapy

A form of psychotherapy that emphasizes the importance of underlying thoughts in determining how we feel and behave, aiming to change negative patterns of thinking or behavior to combat psychological issues.

Family Therapy

Family therapy is a type of psychological counseling that helps family members improve communication and resolve conflicts.

Oppositional Defiant Disorder

A psychiatric disorder in children characterized by persistent patterns of angry, defiant, and vindictive behavior against authority figures.

Conduct Disorder

A mental disorder diagnosed in childhood or adolescence characterized by a repetitive and persistent pattern of behavior that violates the rights of others or major societal norms.