Minimum wages are:

Name: Minimum wages are:
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Question

Minimum wages are:

Quizplus · Accepted Answer

Minimum wages are not an example of efficiency wages, which are above-market wages paid to increase worker productivity. They are not always needed to guarantee an acceptable standard of living, as other factors and policies can also contribute to this goal. Minimum wages can be enforced at both federal and state levels, with states often setting higher minimums than the federal rate.

Minimum Wages Are