Following a new law requiring increased minimum wage rates, the company's operating costs rose significantly. However, since the wage increase, the company's profits have risen dramatically.Which of the following, if true, would help resolve this apparent paradox?【选项】When the minimum wage ...
解析 the minimum wage is set too lowthe minimum wage is set too low 解析:解答该题只需正确理解“Thus, critics claim,an increase in the minimum wage may cause unemployment.”如果不断提高最低工资的限制,那么就会导致失业的产生。反馈 收藏
I analyze changes in the target efficiency of the federal minimum wage over the past 25 years. Using static simulation methods I find that minimum wage target efficiency is currently close to its 25-year peak鈥攐f the total monetary benefits generated by a 12% increase in the federal minimum...
Restaurant workers get the short end of the stick. The minimum wage for tipped workers is $2.13 an hour, which means they are expected to earn up to the minimum wage or more with their tips. But tips are discretionary and arbitrary; sometimes people tip the expected 15 to 20 percent, an...
C How the two leaders solve the political and financial problems between each other.D The educational exchanges between the two countries.50. What does the underlined sentence in the second paragraph mean?A The US is looking forward to becoming as prosperous as China.B Obama believes China is ...
Minimum wage alludes to the lowest pay that employers are allowed to give to their employees. In other words, this figure represents the smallest sum that employees should sell their labor for. This type of legislation is designed to prevent workers from be...
rate in the past two decades. In the late 1990s, the wage increase lagged behind the productivity increase. Later, the average wage growth grew faster than the labor productivity growth, meaning the competitiveness of China is decreasing because the 平均薪水和劳动生产力在过去二十年增长以非常迅速...
Product demand is high when people are clamoring for a particular product. For example, in the mid-1980s, everyone wanted Cabbage Patch Dolls. There were too few dolls to satisfy the demand. When demand for a product increases, this has an impact on its price....
a最低工资导致失业率增加 The minimum wage causes the unemployment rate increase[translate] a找到幸福 Found happily[translate] a他没事 He is all right[translate] abraced 支撑[translate] a雨中飘荡的回忆 In the rain flutters recollection[translate] ...
What Is Cost-Push Inflation? Cost-push inflation, also known as wage-push inflation, occurs when overall prices increase due to increases in the cost of wages andraw materials. Higher costs of production can decrease theaggregate supply, or the amount of total production, in an economy. If ...