An increase in the population and hence the supply of labor causes a A: shortage of labor at the original real wage rate and the real wage rate will fall. B: surplus of labor at the original real wage rate and the real wage rate will rise. C: surplus of labor at the original real wage rate and the real wage rate will fall. D: shortage of labor at the original real wage rate and the real wage rate will rise.

A wage is the price for labor. A minimum wage set above equilibrium wage would be an example of: A: . a price ceiling. B: . a price floor. C: . a gap in prices or wages. D: . a wage settlement.

The bourgeoisie was a result of ____ production in terms of wage-payment and profit. A: mass B: agricultural C: industrial D: commercial

___________________ is a direct form of employee compensation, including salary, or wage, overtime wage, commission, etc.

An increase in taxes on labor income shifts the labor supply curve ________ and the ________. A: leftward; after-tax wage rate falls B: rightward; before-tax wage rate rises C: leftward; after-tax wage rate rises D: rightward; before-tax wage rate falls

the minimum wage

The problem of unemployment will arise ______. A: if the minimum wage is set too high B: ff the minimum wage is set too love C: if the workers are unskilled D: if the maximum wage is set

What payment terms do they finally agree to accept? A: Payment by L/C B: Payment by D/P C: Payment by L/C and D/P D: Payment by D/A

Credit card payment methods can be divided into ________. A: Payment based on SSL protocol B: Payment based on WAP protocol C: Payment based on HTTP protocol D: Payment based on SET agreement

A letter of credit is __________. A: a formal guarantee of payment B: a conditional undertaking to make payment C: an unconditional undertaking to make payment D: a two bank guarantee of payment