One Result of a Minimum Wage Is

question 124

Multiple Choice

One result of a minimum wage is

• A) illegal hiring of people at wages below the minimum wage.
• B) more people with jobs.
• C) a change in the equilibrium wage.
• D) lower costs paid by firms.
• E) fewer people searching for work because they realize that firms have decreased the number of people hired.

---

Definitions:

Negative Affectivity

A personality trait characterized by the tendency to experience negative emotions such as sadness, anxiety, and anger more frequently than others.

Stress Factors

Are various physical, psychological, or environmental stimuli that cause stress in individuals, potentially leading to adverse health effects and affecting overall well-being.

Self-Esteem

is an individual's subjective evaluation of their own worth, encompassing beliefs about oneself as well as emotional states such as triumph, despair, pride, and shame.

Conscientiousness

A personality trait characterized by organization, dependability, and a strong sense of duty.