If Minimum Wage Legislation Does Cause Unemployment, Then

question 48

Multiple Choice

If minimum wage legislation does cause unemployment, then:

• A) those who are lucky enough to land jobs benefit.
• B) those who become unemployed as a result lose.
• C) firms will not bear the entire burden of the higher cost of employment.
• D) All of these are true.

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Definitions:

Fraternal Twins

Twins that develop from two different eggs fertilized by two different sperm, genetically as similar as regular siblings.

Oocytes

Female germ cells or eggs that are in various stages of development, essential for reproduction and fertilization.

Puberty

Series of events that transform a child into a sexually mature adult; involves an increase in the secretion of GnRH.

Adolescence

The phase of life between childhood and adulthood, characterized by physical, psychological, and social changes.