All of these statements could be considered true. Minimum wages are controversial because some argue that they lead to unemployment or higher prices, while others argue that they are needed to ensure workers can afford their basic needs. They are a form of government interference in the free market, as they set a wage floor that employers must abide by.

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Minimum Wages

Question 148

Multiple Choice

Minimum wages:

A) are a controversial topic.
B) are needed to guarantee workers an acceptable standard of living.
C) are a form of government interference in the free market.
D) All of these statements could be considered true.

Correct Answer: