A Minimum Wage Set Above the Equilibrium Wage Rate

question 24

Multiple Choice

A minimum wage set above the equilibrium wage rate

• A) increases the quantity of labor services supplied.
• B) decreases the quantity of labor services supplied.
• C) has no effect on the quantity of labor services supplied.
• D) shifts the labor supply curve rightward.
• E) shifts the labor supply curve leftward.

Understand the role and enforcement mechanisms of the Equal Employment Opportunity Commission (EEOC) in discrimination cases.

Identify the types of employment relationships and the implications of collective bargaining agreements.

Differentiate between types of discrimination (intentional vs. unintentional) and understand the legal avenues for addressing them.

Recognize the requirements for establishing a prima facie case of discrimination under Title VII and the plaintiff's burden of proof.

---

Definitions:

Free Trade

A policy to eliminate barriers to the exchange of goods and services between countries, aiming to encourage international trade.

Expatriates

Employees who are temporarily assigned to work in a country other than their home country by their employer.

Inability to Cope

A state where an individual is unable to effectively manage or deal with personal or professional stressors or challenges.

Spouse's Inability

Refers to situations where a spouse is unable to perform certain tasks or responsibilities, often due to health or disability issues. NO.