An increase in the minimum wage a. Makes all poor people better off by increasing their incomes.
Question:
An increase in the minimum wage
a. Makes all poor people better off by increasing their incomes.
b. Does not make anyone better off because employers won't hire people if they have to pay them more.
c. Makes everyone better off by increasing the average wages in the economy.
d. Makes some workers better off by compelling their employers to pay them more.
e. Makes all of those willing to work at the minimum wage better off.
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d Makes some workers better off by compelling their emp...View the full answer
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Related Book For 
Introduction To Economics Social Issues And Economic Thinking
ISBN: 9780470574782
1st Edition
Authors: Wendy A. Stock
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