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>Total Incorporation was the theory that proposed the Fourteenth Amendment create a broad but undefined set of rights. However the theory was rejected in favor of Selective Incorporation and Total Incorporation has never been adopted by a majority of the U.S. Supreme Court.</span>
Answer:
opportunity cost
Explanation:
The amount of money that he could have earned from working the job, if he would have chosen to do that instead of going to college is known as an opportunity cost. This is because it is the cost that Mr. Flanagan decided to accept in order to pursue another goal, which in this case was going to college. In the opposite choice, if Mr. Flanagan had decided to work a full-time job instead of going to college his opportunity cost would have been the education and high-paying job offers he could have gotten.
The reason for <span>imperealism is for empires to gain more land to rule.</span>
