Minimum Wages Are Examples of

question 4

Multiple Choice

Minimum wages are examples of

• A) a price floor.
• B) a price ceiling.
• C) the rationing function of prices not working.
• D) government increasing the demand for certain products.

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Definitions:

Portfolio

A collection of financial investments like stocks, bonds, commodities, cash, and cash equivalents, including mutual funds and ETFs.

Risk-Free Asset

An investment with a guaranteed return and no possibility of default, typically associated with government bonds.

Market Return

The total gain or loss on an investment over a specified period, including dividends and capital gains.

Systematic Risk

It represents the risk inherent to the entire market or market segment, often influenced by factors such as economic, political, or social changes.