The answer is: c. The demand for unskilled labor will go down.
When the minimums wage go up, many small business would not be able to afford unskilled labor that they need to maintain their operation. These critics believe that this will directly resulted to an increase in unemployment rate in the country and lead to economic stagnation in the long run.
The correct answer would be, Monetary Policy.
According to the Federal Reserve's 2016 edition of Purposes and Functions, Monetary Policy is the Federal Reserve's actions, as a central bank to achieve three goals specified by congress.
Explanation:
A monetary policy of a country is the policy formulated by the monetary authority of the country. A monetary policy simply controls the money supply. This money supply is controlled by either targeting the interest rates or by controlling the employment and prices of products in the economy.
The three goals specified by congress in the 2016 Monetary Policy edition of Federal Reserves are:
- Maximum Employment
- Stable Prices
- Moderate long term interest rates.
These goals basically formulate the Monetary Policy. Monetary Policies are made to strengthen the currency and to increase the trust of people on the currency and economy of the country.
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Answer:
May I please have the options?
Explanation:
The correct answer is cognitive dissonance.
Cognitive dissonance (CD) refers to a state or situation in which a person experiences feelings of discomfort that results from holding two contradictory thoughts, attitudes or beliefs. An instance of cognitive dissonance is the feeling a long-term smoker experiences when he reads an article about an increasing number of deaths due to lung cancer which is heavily caused by smoking.
Answer:
But showers after I was on showers out showers