Minimum-wage laws dictate the lowest wage that firms may pay workers
a. True
b. False
Indicate whether the statement is true or false
True
Economics
You might also like to view...
Assume that the economy is initially at its equilibrium level of GDP. What will happen to the equilibrium level of GDP if planned investment decreases by 20, government spending increases by 30, and taxes increase by 10?
A) GDP will decrease by 60 B) GDP will decrease by 10 C) there will be no change in GDP D) GDP will increase by 10
Economics
Indicate whether the inputs below are variable (V) or fixed (F) in the short run
Economics