Programs to equalize household income would most help ______.

When the marginal rate of return expected from a purchase of equipment is less than the market interest rate, then the firm should

a. seek government assistance in decreasing the market interest rate b. inform stockholders that the company can expect increased earnings from the purchase c. either purchase or not purchase the equipment depending on the marginal resource cost of the equipment d. purchase the equipment e. not purchase the equipment

How would imposing a minimum wage above the market-clearing wage affect employment in a competitive labor market?

A. Employment would increase as firms would illegally hire workers below the original competitive wage. B. Employment would increase as previously unemployed workers would be more encouraged to find a job. C. Employment would be unchanged as workers are nonresponsive to low wages. D. Employment would decrease as some workers who are willing to work at the lower competitive wage would no longer be able to find work. E. Employment would increase because a higher minimum wage would create more jobs for low-skilled workers.