When a Minimum-Wage Law Forces the Wage to Remain Above

question 20

Multiple Choice

When a minimum-wage law forces the wage to remain above the equilibrium level,it

• A)raises both the quantity of labor supplied and the quantity of labor demanded compared to the equilibrium level.
• B)raises the quantity of labor supplied and reduces the quantity of labor demanded compared to the equilibrium level.
• C)reduces the quantity of labor supplied and raises the quantity of labor demanded compared to the equilibrium level.
• D)reduces both the quantity of labor supplied and the quantity of labor demanded compared to the equilibrium level.

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Definitions:

Auditory Cortex

The region of the brain that is responsible for processing auditory information.

Neurogenesis

The development of new neurons in the brain.

Plasticity

The ability of the brain to change and adapt in response to experience, learning, or injury.

Neural Pathways

The series of connected neurons along which electrical and chemical signals travel within the brain and throughout the nervous system.