Opponents of an Increase in Minimum Wage Use All of These

question 54

Multiple Choice

Opponents of an increase in minimum wage use all of these arguments EXCEPT:

• A)Increased wage costs to employers make it difficult to compete globally.
• B)Increased wage costs to employers reduce profitability and may reduce competition.
• C)Increased wage costs to employers would reduce the number of employees hired.
• D)Increased federal minimum wage isn't necessary because many states already have higher minimum wage laws.
• E)The U.S.already has the highest minimum wage among industrialized nations.

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Definitions:

Skeptical

Having an attitude of doubt or a disposition to incredulity either in general or toward a particular object.

Oversimplify

To reduce something to its simplest form, often to the point of misrepresenting or misunderstanding the complexity of the subject.

Theories

Systematic sets of ideas or principles that explain phenomena or concepts, typically developed through observation and experimentation.

Norms

Shared standards of behavior that are considered acceptable within a group or society.