Answer:
Suppose a bill is passed to make minimum hourly wage as $7.50, the implications would be that:
-If the minimum wage is set at $10.50, the market will not reach equilibrium.
-In the absence of price controls, a shortage puts upward pressure on wages until they rise to the equilibrium.
Therefore only the two above listed statements would be TRUE.
<span>A) leisure time enjoyed by the citizens of a country.
B) environmental quality because that has no inherent value.
GDP - or Gross Domestic Product - is a measure of the economic health of a country. However, this measure does not take into consideration other factors, such as leisure time, or environmental quality, and so it could not be considered aa the only measurement used to determine the health of a country, or its grown or progress. </span>
The Constitution<span> of the United States: </span>Six Basic Principles<span> of Government Popular Sovereignty Limited Government Separation of Powers Checks and Balances Judicial Review Federalism people are the source of any and all governmental power, and government can exist only with the consent of the governed</span>
