Minimum Wage Laws

question 396

Multiple Choice

Minimum wage laws

• A)benefit all unskilled workers.
• B)create unemployment, but if demand is relatively elastic, the unemployment effects will be minor.
• C)may help the nonpoor, such as teenagers from wealthy families.
• D)reduce poverty by reducing unemployment.

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Definitions:

Vroom-Jago Leadership Model

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Inverted Pyramid

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