If the Government Reduced the Minimum Wage and Pursued Expansionary

question 131

Multiple Choice

If the government reduced the minimum wage and pursued expansionary monetary policy,then in the long run

• A)both the unemployment rate and the inflation rate would be higher.
• B)both the unemployment rate and the inflation rate would be lower.
• C)the unemployment rate would be higher and the inflation rate would be lower.
• D)the unemployment rate would be lower and the inflation rate would be higher.

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Definitions:

Males

Refers to the biological category of the sex that produces small, mobile gametes, typically associated with XY chromosomes in humans.

Females

Individuals of a species that are biologically characterized by the production of ova (eggs) and typically possess distinct anatomical and physiological features related to this reproductive role.

Heterosexual

A sexual orientation characterized by an attraction to members of the opposite sex.

Queer

A term used to describe sexual and gender identities that are not heterosexual or cisgender.