Studies of the Effects of the Minimum Wage Typically Find

Studies of the effects of the minimum wage typically find that a 10 percent increase in the minimum wage depresses teenage employment by about

A) 1 percent to 3 percent.
B) 2 percent to 6 percent.
C) 5 percent to 9 percent.
D) none of the above; the typical finding is that a 10 percent increase in the minimum wage has no measurable effect on teenage employment.