Recent research regarding increases in the Federal minimum wage shows that
A)unemployment is only slightly affected.
B)the minimum wage has many benefits.
C)it improves labor productivity.
D)the unemployment rate rises.

Question

Quizplus · Accepted Answer

Recent research suggests that increasing the federal minimum wage has only a slight effect on unemployment, with some studies finding no effect at all. While some argue that a higher minimum wage can lead to improved productivity and reduced turnover, the evidence on these effects is mixed.

Recent Research Regarding Increases in the Federal Minimum Wage Shows