The test is bogus Mr. Damasio cited a question that asked students to identify the most likely effect of an increase in the hourly wage of babysitters. Eighty percent of students answered correctly that the time spent by teenagers on babysitting would likely go up while the time they spent on other activities would decrease, he said.
The answer is that they would spend less time babysitting. Fewer people would hire babysitters and some would not want to have babyies, increasing the fequency of abortions. Now you know why the minimum wage is bad. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com
