Small-denomination time deposits are part of M2, but not part of M1

Which of the following is a possible outcome of a minimum wage imposed by a government? a. It leads to an increase in consumer surplus

b. It favors women and children and helps improve their standard of living. c. It eradicates the problem of unemployment from the market. d. It creates a labor surplus or unemployment. e. It creates a labor deficit.

BatheGroom0675134183222251270Kaitlyn and Larissa have formed a dog bathing and grooming business. The number of dogs they can bathe or groom in any given day is depicted in Table 2.1. The opportunity cost of grooming the third dog in a day is bathing ________ dog(s).

A. 3 B. 4 C. 5 D. 18