Which of the following is true?
A) An increase in the minimum wage will reduce the training opportunities available to inexperienced workers.
B) The minimum wage is an example of a price floor.
C) Most minimum wage workers are employed part-time, and they are generally either a spouse or a teenage member of a household with an income well above the poverty level.
D) All of the above are true.

Question

Quizplus · Accepted Answer

An increase in the minimum wage can lead to reduced training opportunities as employers may cut costs. The minimum wage is a price floor, and many minimum wage workers are part-time and not the primary earners in their households.

Which of the Following Is True