ECO100 Knowledge Check 5 Latest 2018
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Question 
Question 1
Since Baltimore passed the first _______________ in 1994, several dozen cities enacted similar laws in the late 1990s and into the 2000s.
A. living wage law
B. price ceiling
C. price floor
D. minimum wage
Question 2
As the __________ substitute for low-skill labor becomes available, the demand curve for low-skill labor will shift to the left.
A. high-skill labor
B. lower wage
C. technology
D. market
Question 3
Improvements in the productivity of labor will tend to:
A. decrea...
- Exam (elaborations)
- • 4 pages's •
-
ECO100 Knowledge Check 5 Latest 2018•ECO100 Knowledge Check 5 Latest 2018
Preview 1 out of 4 pages
Question 
Question 1
Since Baltimore passed the first _______________ in 1994, several dozen cities enacted similar laws in the late 1990s and into the 2000s.
A. living wage law
B. price ceiling
C. price floor
D. minimum wage
Question 2
As the __________ substitute for low-skill labor becomes available, the demand curve for low-skill labor will shift to the left.
A. high-skill labor
B. lower wage
C. technology
D. market
Question 3
Improvements in the productivity of labor will tend to:
A. decrea...
Question 
Question 1
Since Baltimore passed the first _______________ in 1994, several dozen cities enacted similar laws in the late 1990s and into the 2000s.
A. living wage law
B. price ceiling
C. price floor
D. minimum wage
Question 2
As the __________ substitute for low-skill labor becomes available, the demand curve for low-skill labor will shift to the left.
A. high-skill labor
B. lower wage
C. technology
D. market
Question 3
Improvements in the productivity of labor will tend to:
A. decrea...
- Exam (elaborations)
- • 4 pages's •
-
ECO100 Knowledge Check 5 Latest 2018•ECO100 Knowledge Check 5 Latest 2018
Preview 1 out of 4 pages
Question 
Question 1
Since Baltimore passed the first _______________ in 1994, several dozen cities enacted similar laws in the late 1990s and into the 2000s.
A. living wage law
B. price ceiling
C. price floor
D. minimum wage
Question 2
As the __________ substitute for low-skill labor becomes available, the demand curve for low-skill labor will shift to the left.
A. high-skill labor
B. lower wage
C. technology
D. market
Question 3
Improvements in the productivity of labor will tend to:
A. decrea...
Question 
Question 1
Since Baltimore passed the first _______________ in 1994, several dozen cities enacted similar laws in the late 1990s and into the 2000s.
A. living wage law
B. price ceiling
C. price floor
D. minimum wage
Question 2
As the __________ substitute for low-skill labor becomes available, the demand curve for low-skill labor will shift to the left.
A. high-skill labor
B. lower wage
C. technology
D. market
Question 3
Improvements in the productivity of labor will tend to:
A. decrea...
- Exam (elaborations)
- • 4 pages's •
-
ECO100 Knowledge Check 5 Latest 2018•ECO100 Knowledge Check 5 Latest 2018
Preview 1 out of 4 pages
Question 
Question 1
Since Baltimore passed the first _______________ in 1994, several dozen cities enacted similar laws in the late 1990s and into the 2000s.
A. living wage law
B. price ceiling
C. price floor
D. minimum wage
Question 2
As the __________ substitute for low-skill labor becomes available, the demand curve for low-skill labor will shift to the left.
A. high-skill labor
B. lower wage
C. technology
D. market
Question 3
Improvements in the productivity of labor will tend to:
A. decrea...