Question: Here is a direct quote from a WSJ article published on Feb 9, 2021: Wage Rise Would Cut Jobs, Study Says: Raising the federal minimum

Here is a direct quote from a WSJ article published on Feb 9, 2021:

"Wage Rise Would Cut Jobs, Study Says": Raising the federal minimum wage to $15 an hour by 2025 could deliver raises for 27 million workers and lift 900,000 Americans above the poverty thresholdbut the policy would cost 1.4 million Americans their jobs over the next four years, according to a study released by the nonpartisan Congressional Budget Office.

Which dimension of the general environment is best illustrated in this excerpt?

A. Socio-cultural

B. Legal-political

C. Natural environment

D. Technological

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!