The Minimum Wage,if It Is Binding,raises the Incomes of

question 21

Multiple Choice

The minimum wage,if it is binding,raises the incomes of

• A)no workers.
• B)only those workers who cannot find jobs.
• C)only those workers whose jobs would pay less than the minimum wage if it didn't exist.
• D)all workers.

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Definitions:

Recognition

The ability to identify previously encountered information, stimuli, or events.

Savings

The allocation of money that is not spent on consumption in order to be used for future expenses or investments.

Relearn

The process of learning material or skills that one had learned previously but has forgotten or lost proficiency in.

Implicit Memory

A kind of enduring memory that allows us to execute activities without the active realization of past encounters.