The Intention of a Minimum Wage Is To

question 53

Multiple Choice

The intention of a minimum wage is to:

• A)keep the wage rate at par with the equilibrium wage.
• B)keep the wage rate below the equilibrium wage.
• C)raise the wage rate above the equilibrium wage.
• D)keep the wage rate at par with the wage of the skilled workers.
• E)make the wages of the skilled and unskilled workers equal.

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Definitions:

Organizing Model

A framework for union organizing that emphasizes grassroots participation, mobilization, and direct action by workers.

Union Representation

The act of a union acting as an intermediary between its members and the management to negotiate labor contracts and protect workers' rights.

Delay Tactics

Strategies or actions aimed at causing a deferral or postponement in proceedings or decision-making, often used to gain a strategic advantage or simply to stall.

Union Organizing Attempt

Efforts made by labor unions to gain representation rights for workers in a workplace, typically through a formal election process.