One Study About the Minimum Wage in Particular Cities Concluded

question 6

Multiple Choice

One study about the minimum wage in particular cities concluded which of the following?

• A)Those cities suffered job losses in both the retail and food service industries.
• B)Those cities suffered job losses in the retail industry, but not in the food service industry.
• C)Those cities didn't suffer job losses among low-wage restaurant workers.
• D)Those cities didn't suffer job losses at any job level.

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Definitions:

Supplies

Items used in the operation of a business that are consumed or are not permanent, such as stationery, cleaning products, and office supplies.

Limited Liability Company (LLC)

A company framework that merges the tax responsibilities of a partnership or sole proprietorship with the corporation's benefit of limited liability.

Tax Advantages

Fiscal benefits granted to individuals or businesses, often in the form of deductions, credits, or exemptions, to encourage certain activities or investments.

Paid Wages

Refer to the sum of money paid to employees as compensation for their labor, including salaries, hourly wages, and commissions.