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Lauren1 Lauren1
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Posts: 4120
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9 years ago
A recent article by CBS news correspondent Bill Whitaker discussed the high level of unemployment among teens, especially during the summer months. Unemployment among the population as a whole was 9.1 percent, but among teens it was close to 24 percent. Many of these teens were hoping to get entry level jobs as small businesses. (Source: CBS news, June 4, 2011)
A minimum wage set above the equilibrium wage rate is called
A) a price floor.
B) a price ceiling.
C) quota.
D) subsidy.
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MrDerecheMrDereche
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#1
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9 years ago
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iamamariner

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Lauren1 Author
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#2
9 years ago
Thank you, this really, really helps Heavy Heart
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#3
9 years ago
You're welcome!
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#4
3 years ago
This helps so much
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