The argument that the minimum wage law has significantly increased teenage unemployment is not supported by recent statistical analysis

a. True
b. False
Indicate whether the statement is true or false

True

Economics

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The Illyrian economy has 1000 people in the labor force. 100 people don't have jobs but are searching for work, another 100 people would like to have jobs but quit searching because of poor job prospects, and another 100 people don't work and don't

want to work. What's the rate of unemployment? A) 10 percent B) 20 percent C) 30 percent D) 100 percent E) None of the above.

Economics

One of the most important reasons for the economic growth of the U.S. in the antebellum period was market unification and falling costs of trade. Samuel F. B. Morse contributed significantly to these trends. Morse is most recognized for:

a. Inventing the telegraph. b. Inventing the steam engine. c. Developing the technology to power railroad engines. d. Overseeing the building of the Erie Canal.

Economics