There are several criticisms of the minimum wage.Which of the following is not one of those criticisms?

Question

Quizplus · Accepted Answer

This statement is not a criticism of the minimum wage. In fact, the purpose of the minimum wage is to raise the wage of employed workers, particularly low-wage workers. The other choices are common criticisms of the minimum wage. A) Some argue that the minimum wage can lead to job loss or reduced work hours for low-wage workers as employers seek to cut costs or automate tasks previously done by workers. B) Others argue that the minimum wage can cause an excess supply of low-skilled labor, as more people are attracted to low-wage jobs, leading to higher unemployment rates among low-skilled workers. C) Another criticism is that the minimum wage can discourage employers from investing in on-the-job training for low-skilled workers, as they may be more inclined to hire workers who are already skilled and can immediately boost productivity.

There Are Several Criticisms of the Minimum Wage