Multiple Choice
Each of the following statements about Up for Debate, "Is It a Mistake to Raise the Minimum Wage?" is true EXCEPT:
A) Increases in the minimum wage raise the cost of doing business for an employer and may cause fewer workers to be hired.
B) A minimum wage that falls above the equilibrium wage in a market may lead to a surplus of workers in that market.
C) Minimum wage workers, if they work full-time, tend to exceed the poverty income level by about 50%.
D) Not all minimum wage workers have part-time jobs and are students, but some work full-time and are primary income earners for a family.
Correct Answer:
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