There are several criticisms of the minimum wage.Which of the following is not one of those criticisms? The minimum wage
A)often hurts those people who it is intended to help.
B)results in an excess supply of low-skilled labor.
C)prevents some unskilled workers from getting needed on-the-job training.
D)fails to raise the wage of any employed person.

Question

Quizplus · Accepted Answer

This statement is not a criticism of the minimum wage. The minimum wage does raise the wage of some employed people who were previously earning below the minimum wage. However, some argue that the increase may not be enough to make a significant impact on the standard of living for these individuals.

There Are Several Criticisms of the Minimum Wage