Which one of the following claims concerning the minimum wage is generally supported by empirical evidence?

Question

Quizplus · Accepted Answer

Empirical evidence generally supports the claim that the minimum wage has only a minor impact on the overall degree of income inequality. While it aims to increase the income of the lowest-paid workers, its effects are often diluted across the economy and do not significantly alter the broader income distribution.

Which One of the Following Claims Concerning the Minimum Wage