- *Suppose Congress were to pass legislation requiring that businesses employing workers with three or more children pay these employees at least $20 per hour. How would this legislation affect the employment level of low-skilled workers with three or more children? Do you think some workers with large families might attempt to conceal the fact? Why?

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A: Number of workers=18,000,000  Unemployed people=2,000,000

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A: We will answer the first three subparts only. Please resubmit the question with any other parts…

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A: Hello. Since your question has multiple sub-parts, we will solve the first three sub-parts for you.…

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A:

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A: Since the first question is research-based and we don't answer such questions, we will answer only…

Q: What are the four stages of the business cycle? Describe each stage.

A: Business cycle refers to ups and downs of the economic activityies.

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A: The real wages are those wages that are adjusted for inflation. Real wages are defined as the wages…

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A: What is it called when the economy is deprived of the production and the gain of this factor if the…

Q: occurs when workers have left long term jobs but have not fully withdrawn from the workforce.

A: Answer: Note: only an incomplete statement is given thus it seems to be a fill-in-the-blank. Bridge…

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A: Hi, thank you for the question. As per the guidelines, we are allowed to attempt only first…

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A: 2) Typical unemployment would fall during expansion. This is because during expansion, the demand…

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A: Answer 8) At the wage rate of $100, the quantity of labor supplied is 30 and the quantity of labor…

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