History

History, 01.10.2019 21:40, starfox5454

Richard m. nixon served as attorney general and was responsible for raising minimum wage during his term. true false

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Business, 15.07.2019 19:20, martinezizzie

Which of the following statements is true concerning the minimum wage? a. the minimum wage is set in nominal, not real terms and declines as the price level rises. b. the minimum wage is usually above the wage set in living wage ordinances. c. most minimum wage workers live in households with income below the poverty line. d. over 30% of the u.s. labor force receives the minimum wage

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Business, 04.08.2019 02:00, semajac11135

True or false: a minimum wage above $10 per hour is not a binding minimum wage in this market. (economists call a minimum wage that prevents the labor market from reaching equilibrium a binding minimum wage.) a. true b. false

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Business, 26.09.2019 23:30, kingjaheem4109

In stenland, many workers have been complaining that they cannot survive on minimum wage, the lowest wage an employer is permitted to pay. the government is proposing to raise the minimum wage. many employers who pay their workers the current minimum wage argue that if it is raised, unemployment will increase because they will no longer be able to afford to employ as many workers. which of the following, if true in stenland, most strongly supports the claim that raising the minimum wage there will not have the effects that the employers predict? (a) for any position with wages below a living wage, the difficulty of finding and retaining employees adds as much to employment costs as would raising wages. (b) raising the minimum wage does not also increase the amount employers have to contribute in employee benefits. (c) when inflation is taken into account, the proposed new minimum wage is not high as the current one was when it was introduced. (d) many employees currently being paid wages at the level of the proposed new minimum wage will demand significant wage increases. (e) many employers who pay some workers only the minimum wage also pay other workers wages that are much higher than the minimum.

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Business, 07.11.2019 23:31, coreyslotte

Attempts: average: / 1 7. normative and positive statements the following table contains statements that provide some analysis of policies that address the minimum wage . categorize each of these statements as either positive or normative. statement positive normative all americans should earn more than $25,000 per year. raising the minimum wage increases the rate of unemployment. the minimum wage should be raised to $15 per hour. raising the minimum wage reduces the number of employment opportunities for low skilled workers.

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