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Question : 31) A minimum wage that above the equilibrium wage rate A) : 1239126

Economics

 

31) A minimum wage that is above the equilibrium wage rate

A) increases efficiency within the labor market.

B) increases the quantity of labor demanded.

C) creates a deadweight loss.

D) has no effect on the labor market because it is set above the equilibrium wage rate.

E) None of the above answers is correct.

32) A minimum wage

A) increases all workers’ surplus because the wage rate increases.

B) increases consumer surplus because the price of the good decreases.

C) decreases the firms’ surplus because fewer workers are hired at the higher wage.

D) increases the firms’ surplus and the workers’ surplus because it increases the efficiency of the labor market.

E) None of the above answers is correct.

33) Who loses and who gains from the minimum wage?

A) Losers are all workers and gainers are all firms.

B) Losers are all firms and gainers are all workers.

C) Losers are all firms and some workers, while gainers are other workers.

D) Gainers are some firms and all workers, while losers are some firms.

E) Gainers are some firms and some workers, while losers are other firms and other workers.

34) The people who immediately benefit from a minimum wage are

A) employers who now pay the minimum wage.

B) those people who enter the labor force to search for minimum wage jobs.

C) the workers who retain their jobs after enactment of the minimum wage.

D) everyone, both demanders and suppliers, because the minimum wage benefits everyone.

E) all workers.

35) In the figure above, if the wage rate is $6 per hour, then the

A) firms’ surplus is the area d + e + f.

B) workers’ surplus is the area a + b + c.

C) deadweight loss equals zero.

D) Only answers A and C are correct.

E) Answers A, B, and C are correct.

36) In the figure above, if the minimum wage rate is $8 per hour, then after taking account of resources lost in job search, the workers’ surplus is the area ________ and the firms’ surplus is the area ________.

A) e; c

B) d; b

C) a; f

D) f; a

E) a + b + c + d + e; f

37) In the figure above, if the minimum wage is $8 per hour, then

A) resources used in job-search activity increase compared to the situation before the minimum wage.

B) it is legal to hire workers for a wage below the minimum wage because otherwise unemployment would result.

C) the deadweight loss is minimized.

D) Both answers A and B are correct.

E) Both answers B and C are correct.

38) The above figure shows a labor market with a minimum wage of $8 an hour. How many people are employed when the minimum wage is in place?

A) 40,000

B) 60,000

C) 80,000

D) fewer than 40,000

E) more than 80,000

39) The above figure shows a labor market. Before the minimum wage of $8 an hour is imposed, employment equals ________ workers; after the minimum wage of $8 an hour is imposed, employment equals ________ workers.

A) 80,000; 40,000

B) 40,000; 80,000

C) 60,000; 40,000

D) 60,000; 80,000

E) 80,000; 60,000

40) The above figure shows a labor market with a minimum wage of $8 an hour. The value of the resources workers are willing to use in their job search equals the distance between point ________ and point ________.

A) a; d

B) a; b

C) b; c

D) a; c

E) c; d

 

 

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July 1, 2023
    

Quiz 5

Question 1

1 out of 1 points

The writer of the Gospel of John identifies himself only as “the disciple Jesus loved.”

Question 2

1 out of 1 points

A slave’s birth was unimportant, so Mark does not include the birth of Christ.

Question 3

1 out of 1 points

The last twelve verses of Mark are included in the KJV but modern translations like the NASB, NKJV, ESV, HCSB, and NIV usually use footnotes or a combination of footnotes and brackets to indicate that some manuscripts lack the verses.

Question 4

1 out of 1 points

Which of the following is not a miracle that Jesus performed?

Question 5

1 out of 1 points

Which of the following books are Pauline Epistles?

Question 6

1 out of 1 points

John uses this central “I am” declaration to affirm the deity of Christ. One of these “I Am” declarations is:

Question 7

1 out of 1 points

The New Testament consists of twenty-seven books that were written in Koine Greek or common Greek.

Question 8

0 out of 1 points

Jesus asked James three times, “Do you love Me?” Upon Peter’s positive confession Jesus recommissioned him to service.

Question 9

1 out of 1 points

All of Jesus’ activity in Mark focus on His Judean ministry with the final week focused exclusively on activities in Jerusalem.

Question 10

1 out of 1 points

Because Matthew, Mark, and Luke have more stories in common with one another, these three Gospels are called the “_____________ Gospels.”

Question 11

0 out of 1 points

Which of the following books are General Epistles

Question 12

0 out of 1 points

Which of the following is not a parable of Jesus?

Question 13

1 out of 1 points

According to the Gospel of John Jesus’ mission to the Jews was highlighted by seven miraculous signs. One of these signs is

Question 14

1 out of 1 points

During Jesus’ post-resurrection appearances He comforted Mary, convinced Thomas of His resurrection, and reassured Peter that he was forgiven for denying Him.

Question 15

0 out of 1 points

John addresses his Gospel to Theophilus who may have been a Roman official or a nobleman who recently became a Christian.

Question 16

0 out of 1 points

Matthew’s Gospel opens with the genealogy of Jesus traced all the way back through King David and concluding with Isaac who was the child of promise.

Question 17

1 out of 1 points

The Acts of the Apostles covers the time from Pentecost to Paul’s imprisonment.

Question 18

0 out of 1 points

Mark recounts nearly _______ miracles of Jesus.

Question 19

1 out of 1 points

John sees prophetic fulfillment in the fact that when they pierced Jesus’ side with a spear both blood and water came out at once.

Question 20

0 out of 1 points

Matthew’s portrait of Christ is that of

Question 21

1 out of 1 points

In the Gospels, __________, Paul’s physician-missionary, writes with the Greek mentality in view.

Question 22

1 out of 1 points

The content of the New Testament Letters is doctrinal and personal.

Question 23

1 out of 1 points

John uses this central “I am” declaration to affirm the deity of Christ. One of these “I Am” declarations is:

Question 24

1 out of 1 points

John uses this central “I am” declaration to affirm the deity of Christ. One of these “I Am” declarations is:

Question 25

1 out of 1 points

In John 3 Jesus met _______________, a Jewish ruler in Jerusalem, to whom He explains what it means to be “born again.”

Question 26

1 out of 1 points

At his crucifixion Jesus asked for a drink. John view this as a prophetic fulfillment.

Question 27

1 out of 1 points

Which of the following is not a parable of Jesus?

Question 28

1 out of 1 points

The book of Revelation was written by John on the island of

Question 29

1 out of 1 points

In contrast to the Synoptic Gospels, the Gospel of John focuses more on the seven _________________ of Christ.

Question 30

1 out of 1 points

Matthew’s Gospel describes five extended teaching sessions, which are arranged in five major discourses. This was done so that readers could better follow what Jesus said about specific subjects.

Question 31

1 out of 1 points

John wants Theophilus and other readers to “know the certainty of the things about which you have been instructed.”

Question 32

1 out of 1 points

Matthew originally crafted this Gospel for a group of Christians who needed to become more familiar with the Old Testament.

Question 33

1 out of 1 points

The Gospel of Matthew provides some of Jesus’ most prominent sermons, parables, and miracles, plus a record of important messages such as the Sermon on the Mount, the parables of the kingdom, and the Olivet Discourse.

Question 34

1 out of 1 points

In the Gospels, _________, the travel companion of Paul and Peter, writes for the Roman mind.

Question 35

1 out of 1 points

Because Luke was a physician, there seems to be an interest in sickness and healing in the Third Gospel.

Question 36

1 out of 1 points

The book of Acts begins with the ascension of Christ and His commission to the apostles to take the gospel message from Jerusalem to the rest of the world.

Question 37

1 out of 1 points

According to our textbook, Mark’s theological purpose was to explain the most significant life in all of human history.

Question 38

1 out of 1 points

The Mark who authored the Gospel of Mark is not the John Mark that Paul did not want to take with him on his second missionary journey.

Question 39

1 out of 1 points

All the authors of the New Testament were Jews, with the possible exception of the Roman citizen Paul.

Question 40

1 out of 1 points

According to our textbook, the book of Revelation is written in apocalyptic symbolism and makes use of numbers, animals, and colors as graphic symbols of prophetic realties.

Question 41

0 out of 1 points

The typical letters of the Greco-Roman period included an address, a greeting, a body, and a conclusion.

Question 42

1 out of 1 points

Matthew’s Gospel names no audience for its message other than that which is implied in its Great Commission. Its message was ultimately intended to go to “all nations.”

Question 43

0 out of 1 points

John uses this central “I am” declaration to affirm the deity of Christ. One of these “I Am” declarations is:

Question 44

0 out of 1 points

Which of the following is not a parable of Jesus?

Question 45

1 out of 1 points

Jesus was buried in a new tomb by Nicodemus and Joseph of Arimathea.

Question 46

1 out of 1 points

In the Gospels, _____________, the Hebrew tax collector, writes for the Hebrew mind.

Question 47

1 out of 1 points

There is no purposeful arrangement to the letters as they are presented in the New Testament.

Question 48

0 out of 1 points

John uses this central “I am” declaration to affirm the deity of Christ. One of these “I Am” declarations is:

Question 49

1 out of 1 points

Mark’s writing is action packed, forceful, fresh, vivid, dramatic, realistic, graphic, simple, direct, swift, rough, brief, and to the point.

Question 50

0 out of 1 points

Mark’s portrait of Christ is that of

default image
July 1, 2023
    

Quiz 5

Question 1

1 out of 1 points

The writer of the Gospel of John identifies himself only as “the disciple Jesus loved.”

Question 2

1 out of 1 points

A slave’s birth was unimportant, so Mark does not include the birth of Christ.

Question 3

1 out of 1 points

The last twelve verses of Mark are included in the KJV but modern translations like the NASB, NKJV, ESV, HCSB, and NIV usually use footnotes or a combination of footnotes and brackets to indicate that some manuscripts lack the verses.

Question 4

1 out of 1 points

Which of the following is not a miracle that Jesus performed?

Question 5

1 out of 1 points

Which of the following books are Pauline Epistles?

Question 6

1 out of 1 points

John uses this central “I am” declaration to affirm the deity of Christ. One of these “I Am” declarations is:

Question 7

1 out of 1 points

The New Testament consists of twenty-seven books that were written in Koine Greek or common Greek.

Question 8

0 out of 1 points

Jesus asked James three times, “Do you love Me?” Upon Peter’s positive confession Jesus recommissioned him to service.

Question 9

1 out of 1 points

All of Jesus’ activity in Mark focus on His Judean ministry with the final week focused exclusively on activities in Jerusalem.

Question 10

1 out of 1 points

Because Matthew, Mark, and Luke have more stories in common with one another, these three Gospels are called the “_____________ Gospels.”

Question 11

0 out of 1 points

Which of the following books are General Epistles

Question 12

0 out of 1 points

Which of the following is not a parable of Jesus?

Question 13

1 out of 1 points

According to the Gospel of John Jesus’ mission to the Jews was highlighted by seven miraculous signs. One of these signs is

Question 14

1 out of 1 points

During Jesus’ post-resurrection appearances He comforted Mary, convinced Thomas of His resurrection, and reassured Peter that he was forgiven for denying Him.

Question 15

0 out of 1 points

John addresses his Gospel to Theophilus who may have been a Roman official or a nobleman who recently became a Christian.

Question 16

0 out of 1 points

Matthew’s Gospel opens with the genealogy of Jesus traced all the way back through King David and concluding with Isaac who was the child of promise.

Question 17

1 out of 1 points

The Acts of the Apostles covers the time from Pentecost to Paul’s imprisonment.

Question 18

0 out of 1 points

Mark recounts nearly _______ miracles of Jesus.

Question 19

1 out of 1 points

John sees prophetic fulfillment in the fact that when they pierced Jesus’ side with a spear both blood and water came out at once.

Question 20

0 out of 1 points

Matthew’s portrait of Christ is that of

Question 21

1 out of 1 points

In the Gospels, __________, Paul’s physician-missionary, writes with the Greek mentality in view.

Question 22

1 out of 1 points

The content of the New Testament Letters is doctrinal and personal.

Question 23

1 out of 1 points

John uses this central “I am” declaration to affirm the deity of Christ. One of these “I Am” declarations is:

Question 24

1 out of 1 points

John uses this central “I am” declaration to affirm the deity of Christ. One of these “I Am” declarations is:

Question 25

1 out of 1 points

In John 3 Jesus met _______________, a Jewish ruler in Jerusalem, to whom He explains what it means to be “born again.”

Question 26

1 out of 1 points

At his crucifixion Jesus asked for a drink. John view this as a prophetic fulfillment.

Question 27

1 out of 1 points

Which of the following is not a parable of Jesus?

Question 28

1 out of 1 points

The book of Revelation was written by John on the island of

Question 29

1 out of 1 points

In contrast to the Synoptic Gospels, the Gospel of John focuses more on the seven _________________ of Christ.

Question 30

1 out of 1 points

Matthew’s Gospel describes five extended teaching sessions, which are arranged in five major discourses. This was done so that readers could better follow what Jesus said about specific subjects.

Question 31

1 out of 1 points

John wants Theophilus and other readers to “know the certainty of the things about which you have been instructed.”

Question 32

1 out of 1 points

Matthew originally crafted this Gospel for a group of Christians who needed to become more familiar with the Old Testament.

Question 33

1 out of 1 points

The Gospel of Matthew provides some of Jesus’ most prominent sermons, parables, and miracles, plus a record of important messages such as the Sermon on the Mount, the parables of the kingdom, and the Olivet Discourse.

Question 34

1 out of 1 points

In the Gospels, _________, the travel companion of Paul and Peter, writes for the Roman mind.

Question 35

1 out of 1 points

Because Luke was a physician, there seems to be an interest in sickness and healing in the Third Gospel.

Question 36

1 out of 1 points

The book of Acts begins with the ascension of Christ and His commission to the apostles to take the gospel message from Jerusalem to the rest of the world.

Question 37

1 out of 1 points

According to our textbook, Mark’s theological purpose was to explain the most significant life in all of human history.

Question 38

1 out of 1 points

The Mark who authored the Gospel of Mark is not the John Mark that Paul did not want to take with him on his second missionary journey.

Question 39

1 out of 1 points

All the authors of the New Testament were Jews, with the possible exception of the Roman citizen Paul.

Question 40

1 out of 1 points

According to our textbook, the book of Revelation is written in apocalyptic symbolism and makes use of numbers, animals, and colors as graphic symbols of prophetic realties.

Question 41

0 out of 1 points

The typical letters of the Greco-Roman period included an address, a greeting, a body, and a conclusion.

Question 42

1 out of 1 points

Matthew’s Gospel names no audience for its message other than that which is implied in its Great Commission. Its message was ultimately intended to go to “all nations.”

Question 43

0 out of 1 points

John uses this central “I am” declaration to affirm the deity of Christ. One of these “I Am” declarations is:

Question 44

0 out of 1 points

Which of the following is not a parable of Jesus?

Question 45

1 out of 1 points

Jesus was buried in a new tomb by Nicodemus and Joseph of Arimathea.

Question 46

1 out of 1 points

In the Gospels, _____________, the Hebrew tax collector, writes for the Hebrew mind.

Question 47

1 out of 1 points

There is no purposeful arrangement to the letters as they are presented in the New Testament.

Question 48

0 out of 1 points

John uses this central “I am” declaration to affirm the deity of Christ. One of these “I Am” declarations is:

Question 49

1 out of 1 points

Mark’s writing is action packed, forceful, fresh, vivid, dramatic, realistic, graphic, simple, direct, swift, rough, brief, and to the point.

Question 50

0 out of 1 points

Mark’s portrait of Christ is that of

default image
July 1, 2023
    

Quiz 5

Question 1

1 out of 1 points

The writer of the Gospel of John identifies himself only as “the disciple Jesus loved.”

Question 2

1 out of 1 points

A slave’s birth was unimportant, so Mark does not include the birth of Christ.

Question 3

1 out of 1 points

The last twelve verses of Mark are included in the KJV but modern translations like the NASB, NKJV, ESV, HCSB, and NIV usually use footnotes or a combination of footnotes and brackets to indicate that some manuscripts lack the verses.

Question 4

1 out of 1 points

Which of the following is not a miracle that Jesus performed?

Question 5

1 out of 1 points

Which of the following books are Pauline Epistles?

Question 6

1 out of 1 points

John uses this central “I am” declaration to affirm the deity of Christ. One of these “I Am” declarations is:

Question 7

1 out of 1 points

The New Testament consists of twenty-seven books that were written in Koine Greek or common Greek.

Question 8

0 out of 1 points

Jesus asked James three times, “Do you love Me?” Upon Peter’s positive confession Jesus recommissioned him to service.

Question 9

1 out of 1 points

All of Jesus’ activity in Mark focus on His Judean ministry with the final week focused exclusively on activities in Jerusalem.

Question 10

1 out of 1 points

Because Matthew, Mark, and Luke have more stories in common with one another, these three Gospels are called the “_____________ Gospels.”

Question 11

0 out of 1 points

Which of the following books are General Epistles

Question 12

0 out of 1 points

Which of the following is not a parable of Jesus?

Question 13

1 out of 1 points

According to the Gospel of John Jesus’ mission to the Jews was highlighted by seven miraculous signs. One of these signs is

Question 14

1 out of 1 points

During Jesus’ post-resurrection appearances He comforted Mary, convinced Thomas of His resurrection, and reassured Peter that he was forgiven for denying Him.

Question 15

0 out of 1 points

John addresses his Gospel to Theophilus who may have been a Roman official or a nobleman who recently became a Christian.

Question 16

0 out of 1 points

Matthew’s Gospel opens with the genealogy of Jesus traced all the way back through King David and concluding with Isaac who was the child of promise.

Question 17

1 out of 1 points

The Acts of the Apostles covers the time from Pentecost to Paul’s imprisonment.

Question 18

0 out of 1 points

Mark recounts nearly _______ miracles of Jesus.

Question 19

1 out of 1 points

John sees prophetic fulfillment in the fact that when they pierced Jesus’ side with a spear both blood and water came out at once.

Question 20

0 out of 1 points

Matthew’s portrait of Christ is that of

Question 21

1 out of 1 points

In the Gospels, __________, Paul’s physician-missionary, writes with the Greek mentality in view.

Question 22

1 out of 1 points

The content of the New Testament Letters is doctrinal and personal.

Question 23

1 out of 1 points

John uses this central “I am” declaration to affirm the deity of Christ. One of these “I Am” declarations is:

Question 24

1 out of 1 points

John uses this central “I am” declaration to affirm the deity of Christ. One of these “I Am” declarations is:

Question 25

1 out of 1 points

In John 3 Jesus met _______________, a Jewish ruler in Jerusalem, to whom He explains what it means to be “born again.”

Question 26

1 out of 1 points

At his crucifixion Jesus asked for a drink. John view this as a prophetic fulfillment.

Question 27

1 out of 1 points

Which of the following is not a parable of Jesus?

Question 28

1 out of 1 points

The book of Revelation was written by John on the island of

Question 29

1 out of 1 points

In contrast to the Synoptic Gospels, the Gospel of John focuses more on the seven _________________ of Christ.

Question 30

1 out of 1 points

Matthew’s Gospel describes five extended teaching sessions, which are arranged in five major discourses. This was done so that readers could better follow what Jesus said about specific subjects.

Question 31

1 out of 1 points

John wants Theophilus and other readers to “know the certainty of the things about which you have been instructed.”

Question 32

1 out of 1 points

Matthew originally crafted this Gospel for a group of Christians who needed to become more familiar with the Old Testament.

Question 33

1 out of 1 points

The Gospel of Matthew provides some of Jesus’ most prominent sermons, parables, and miracles, plus a record of important messages such as the Sermon on the Mount, the parables of the kingdom, and the Olivet Discourse.

Question 34

1 out of 1 points

In the Gospels, _________, the travel companion of Paul and Peter, writes for the Roman mind.

Question 35

1 out of 1 points

Because Luke was a physician, there seems to be an interest in sickness and healing in the Third Gospel.

Question 36

1 out of 1 points

The book of Acts begins with the ascension of Christ and His commission to the apostles to take the gospel message from Jerusalem to the rest of the world.

Question 37

1 out of 1 points

According to our textbook, Mark’s theological purpose was to explain the most significant life in all of human history.

Question 38

1 out of 1 points

The Mark who authored the Gospel of Mark is not the John Mark that Paul did not want to take with him on his second missionary journey.

Question 39

1 out of 1 points

All the authors of the New Testament were Jews, with the possible exception of the Roman citizen Paul.

Question 40

1 out of 1 points

According to our textbook, the book of Revelation is written in apocalyptic symbolism and makes use of numbers, animals, and colors as graphic symbols of prophetic realties.

Question 41

0 out of 1 points

The typical letters of the Greco-Roman period included an address, a greeting, a body, and a conclusion.

Question 42

1 out of 1 points

Matthew’s Gospel names no audience for its message other than that which is implied in its Great Commission. Its message was ultimately intended to go to “all nations.”

Question 43

0 out of 1 points

John uses this central “I am” declaration to affirm the deity of Christ. One of these “I Am” declarations is:

Question 44

0 out of 1 points

Which of the following is not a parable of Jesus?

Question 45

1 out of 1 points

Jesus was buried in a new tomb by Nicodemus and Joseph of Arimathea.

Question 46

1 out of 1 points

In the Gospels, _____________, the Hebrew tax collector, writes for the Hebrew mind.

Question 47

1 out of 1 points

There is no purposeful arrangement to the letters as they are presented in the New Testament.

Question 48

0 out of 1 points

John uses this central “I am” declaration to affirm the deity of Christ. One of these “I Am” declarations is:

Question 49

1 out of 1 points

Mark’s writing is action packed, forceful, fresh, vivid, dramatic, realistic, graphic, simple, direct, swift, rough, brief, and to the point.

Question 50

0 out of 1 points

Mark’s portrait of Christ is that of

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customer #15677
Marketing, 10 pages
Annotated Bibliography
August 5, 2021
    

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Sociology, 9 pages
Research proposal
August 5, 2021
    

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customer #15327
Economics, 5 pages
Essay (any type)
August 5, 2021
    

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customer #17823
Human Resource Management, 2 pages
Research paper
August 5, 2021
    

It was my first experience in online ordering, and I was a bit nervous. However, this was for nothing. I’ve got a high mark!

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customer #12372
Public Relations, 3 pages
Dissertation
August 5, 2021
    

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Journal article, 20 pages
Coursework
August 5, 2021
    

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Political Science, 6 pages
Admission Essay
August 5, 2021
    

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Tourism, 1 page
Discussion Essay
August 5, 2021
    

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customer #12692
Philosophy, 5 pages
Report
August 5, 2021
    

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customer #10923
Psychology, 4 pages
Essay (any type)
August 5, 2021
    

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customer #17823
Business, 8 pages

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
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  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

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.

Money-back guarantee

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.

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Zero-plagiarism guarantee

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.

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Free-revision policy

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.

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