Multiple Choice
-The people who immediately benefit from a minimum wage are
A) the workers who retain their jobs after enactment of the minimum wage.
B) everyone, both demanders and suppliers, because the minimum wage benefits everyone.
C) all workers.
D) employers who now pay the minimum wage.
E) those people who enter the labour force to search for minimum wage jobs.
Correct Answer:

Verified
Correct Answer:
Verified
Q2: In a crop market with a price
Q3: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7671/.jpg" alt=" -The labour demand
Q4: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7671/.jpg" alt=" -The methods that
Q5: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7671/.jpg" alt=" -A minimum wage
Q6: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7671/.jpg" alt=" -Rent ceilings A)
Q8: A rent ceiling set below the equilibrium
Q9: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7671/.jpg" alt=" -A price floor
Q10: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7671/.jpg" alt=" -A rent ceiling
Q11: The opportunity cost of an apartment in
Q12: A price floor is a price<br>A) below