Which of the following workers would be most likely to find it more difficult to get a job after a rise in the minimum wage rate?

Related Mcqs:

Suppose the equilibrium price for apartments is Rs500 per month and the government imposes rent controls of Rs250 Which of the following is unlikely to to occur as a result of the rent controls?

A. There may be long lines of buyers waiting for apartments B. Landlords may discriminate among apartment renters C. Landlords may be offered bribes to rent apartments D. there will be a storage of housing E. the quality of apartments will improve...

Which of the following statements about a binding price ceiling is true ?

A. The shortage created by the price ceiling is greater in the short ran than in the long run. B. The surplus created by the price ceiling is greater in the short run than in the long run C. The surplus created by the price ceiling is greater in the long run than in the … Which of the following statements about a binding price ceiling is true ?Read More...

When a tax is collected from the buyers in a market, ?

A. the tax burden falls most heavily on the buyers. B. the buyers bear the burden of the tax C. the sellers bear the burden of the tax D. the tax burden on the buyers and sellers in the same as an equivalent tax collected from the sellers...

A tax placed on a good that is a necessity for consumers will likely generate a tax burden that ?

A. falls more heavily on sellers B. falls entirely on sellers C. falls more heavily on buyers. D. is evenly distributed between buyers and sellers....

Which of the following statements about the burden of a tax is correct ?

A. The tax burden generated from a tax placed on a good consumer perceive to be a necessity will fall most heavily on the sellers of the good B. The burden of a tax falls on the side of the market (buyers or sellers) from which it is collected C. The distribution of the burden … Which of the following statements about the burden of a tax is correct ?Read More...