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TRUE OR FALSE: Empirical studies (meaning, “real-world data”) have shown that historical increases in the minimum wage led to large increases in unemployment. 

Determine the reaction moment at A. Let w = 8 lb/in., a = 118 in., and EI = 180 × 106 lb·in.2.

A tariff is a tax on ____ goods and services. Tariffs ____.

Determine the magnitude of the slope at B. Let w = 16 lb/in., a = 134 in. and EI = 54 × 106 lb·in.2.

If the support at B has settled downward a distance of Δ = 0.035 in., determine the reaction force at B. Let w = 11 lb/in., a = 128 in., and EI = 204 × 106 lb·in.2.

The attainable production points on a PPF are ____.

A price ceiling that is set below the equilibrium price will typically ____ consumer surplus and ____ producer surplus. Total surplus ____. 

A recent article in the Wall Street Journal reported that the price of gasoline has fallen moderately in the past week. Over the same time period, the quantity of gasoline bought and sold increased. Which of the following explanations is consistent with these observations?

When Mexico and the United States specialize production according to their comparative advantages and engage in trade, each country can ____ a combination of goods that lies beyond its PPF.

Determine the deflection at C. Let w = 14 lb/in., a = 86 in., b = 28 in., and EI = 50 × 106 lb·in.2.