11.When the minimum wage is set above the equilibrium market wage,
a.there will be a shortage of labor at the minimum wage
b.it will have no effect on the quantity of labor employed
c.the unemployment rate will rise
d.the quality of the labor force will increase
e.the unemployment rate will fall
12.Suppose that a market is initially in equilibrium. Then the government imposes a price floor above the equilibrium price. Which of the following will occur in the absence of a black market?
a.The market will remain in equilibrium.
b.The quantity sold will drop.
c.The quantity demanded will increase.
d.The quantity supplied will decrease.
e.An excess demand will develop.
13.Figure 4-4 depicts a market in which the government has imposed a price floor of $5.00 per unit. To maintain the price floor, the government should
a.buy 200 units of the good
b.sell 200 units of the good
c.buy 700 units of the good
d.sell 700 units of the good
e.buy 500 units of the good
14.In Figure 4-5, if the government imposes a price floor of $2, the result will be
b.no different than before the minimum price is imposed
d.that the demand curve will shift leftward
15.In Figure 4-5, at a temporary price of $4,
a.all of the following occur
b.a surplus occurs
c.the supply curve will shift leftward
d.the demand curve will shift rightward
e.equilibrium will eventually occur at approximately $3.50
16.Federal subsidies to higher education have the effect of
a.increasing the demand for higher education
b.increasing the supply of higher education
c.decreasing the demand for higher education
d.decreasing the supply of higher education
17.Federal subsidies to higher education have the effect of
a.increasing the number of people seeking higher education and lowering tuition
b.increasing the number of people seeking higher education and raising tuition
c.decreasing the number of people seeking higher education and lowering tuition
d.decreasing the number of people seeking higher education and raising tuition
18.Federal subsidies to higher education benefit
a.only the student
c.both universities and students
d.neither universities nor students
19.A $10,000 federal subsidy per student in higher education would benefit
a.a student by exactly $10,000
b.a university by exactly
c.the student and the university in such a way that they would split the $10,000.
d.the student and the university in such a way that they would each get $10,000.
20.If an excise tax is imposed on a good or service,
a.the supply curve shifts upward
b.the supply curve shifts downward
c.the price paid by consumers decreases
d.the net price received by sellers increases
e.the quantity produced and sold increases
GraduateWriterHelp.com is an online academic writing platform that provides extensive assistance to graduate school students as they work through their research projects, papers and dissertations. GraduateWriterHelp.com gives students access to experienced professionals who can provide the help they need in a timely and efficient manner. The service offers a wide range of services, including editing, proofreading, formatting, researching and more that can give students the confidence they need to write the perfect paper or dissertation for their chosen subject matter.
Services Offered by GraduateWriterHelp.com
GraduateWriterHelp.com offers a wealth of different services designed to make research projects easier for graduate school students. These include editing, proofreading, formatting and researching services, all tailored specifically for graduate-level studies such as PhDs or Master’s degrees in any field from business administration to engineering or even psychology – all with the aim of helping busy students find success in their academics without having to sacrifice other important commitments like family time or work hours towards earning a living wage outside of college hours.
The Benefits of Using GraduateWriterHelp.com
Using GraduateWriterHelp.com gives you access to experts from all over the world who are highly qualified and experienced in helping graduate-level students to complete successful projects in various fields quickly and efficiently – something that would otherwise be difficult, if not impossible, given tight deadlines associated with most Ph.D./Master’s degree programs today. Moreover, using this platform makes it easier for students to keep up with multiple research tasks simultaneously since there are so many different experts available on tap at any one time – no longer will you have to put off studying one topic while focusing on another because of lack of resources! Additionally, having access to professional editors, proofreaders, but also formatters means that quality control standards aren’t sacrificed when finishing major pieces – since these individuals understand what makes up good academic writing better than anyone else and can offer guidance on how best one should go about making improvements along those lines. Finally, there is also an added cost-saving benefit associated with utilizing Graduate Writer Help compared to hiring an independent contractor (which could potentially run into thousands depending on length/complexity).
This service allows users only pay for what students need, which tends to be much lower overall because customers pay per hour rather than project basis, thus resulting to greater financial flexibility, especially for those just starting out postgraduate studies looking to conserve some pennies here there whenever possible!
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.Read more
Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.Read more
Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.Read more
Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.Read more
By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.Read more