Asap the federal government is proposing to enforce a minimum living wage based on the premise that everyone who works 40 hours a week should be able to support themselves and a family regardless of the type of work. the government has decided that the proposed minimum living wage should be $21 per hour. currently, the minimum wage in this country is $10.00 per hour. the average wage after a person has worked 5 years is $17.00. describe what you believe would happen in the labor market if this law were to pass. present a graph that represents the situation you described. list three to five unintended consequences to this increase.

Match the terms with their correct definition. terms: 1. accounts receivable 2. other receivables 3 debtor 4. notes receivable 5. maturity date 6. creditor definitions: a. the party to a credit transaction who takes on an obligation/payable. b. the party who receives a receivable and will collect cash in the future. c. a written promise to pay a specified amount of money at a particular future date. d. the date when the note receivable is due. e. a miscellaneous category that includes any other type of receivable where there is a right to receive cash in the future. f. the right to receive cash in the future from customers for goods sold or for services performed.