Multiple Choice
In 2018, two members of Congress introduced the Stop Bad Employers by Zeroing Out Subsidies Act, which would tax firms whose employees receive government assistance. These members of Congress thought this legislation would give firms a reason to raise employee wages so fewer employees would receive the government assistance. Economists at the Center on Budget and Policy Studies believed that the implementation of this legislation would
A) result in most employers raising employee wages substantially.
B) result in many employers likely seeking to reduce the number of low-wage workers they employ.
C) actually reduce the wages of all workers.
D) have little to no impact on the number of low-wage workers being employed.
Correct Answer:

Verified
Correct Answer:
Verified
Q4: Define microeconomics.
Q5: In 2019, Smileytown consumed 12,000 gallons of
Q6: DeShawn's Detailing is a service that details
Q7: The economic analysis of minimum wage involves
Q8: Apple assembles most iPhones in China because
Q10: Consider the following economic agents: <br>A. the
Q11: Which of the following are primarily macroeconomic
Q12: The prime minister of the tiny island
Q13: The Trump administration promoted the tariffs on
Q14: In 2018, two members of Congress introduced