Question

Minimum wage is an example of a Federal Law that supports which social and
economic goal of the United States?
A. Economic growth
B. Economic equality
C. Full employment
D. Economic efficiency

Answer 1

Answer:B

Explanation:The minimum wage is an example of a federal law that supports: Economic equity. The government's role in a mixed economy is that it is the: Regulator charged with preserving competition.

Answer 2

Minimum wage is an example of a Federal Law that supports social and economic goal of Economic Equality of the United States. Hence the option B.

Minimum Wage

In An economy the policy of minimum wage reduces the economic inequality because spending on social and economic welfare creates liablity for a state, while minimum wage stimulates the economy.

Hencem the Minimum wage is an example of a Federal law that supports  social and economic goal of Economic Equality of the United States

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