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Instructions: Read the Paragraph Below and Answer the Question(s) That

question 243

Multiple Choice

Instructions: Read the paragraph below and answer the question(s) that follow. (1) The federal minimum wage should be increased to at least $10.00 per hour. (2) First of all, this increase will help families who are living in poverty. (3) Not only will it provide these people with a fairer and more decent rate of pay for their labor, but it will also decrease their need for welfare, food stamps, and other forms of government support. (4) Increasing the minimum wage may also stimulate job growth. (5) According to one 2006 study published by the Fiscal Policy Institute, employment in small businesses grew faster in states that boosted their minimum wage above the federal minimum than in states requiring only the federal minimum. (6) This report also found that total job growth was faster in the states with higher minimum wages. (7) That may be because workers who earn more can spend more, which stimulates the economy. How many arguments support the topic sentence?

Definitions:

Compensation

Payment or benefits provided to employees in exchange for their work or services.

Accrue a Liability

The process of recognizing liabilities that have been incurred but not yet paid or recorded in the financial statements.

Current Maturities

The portion of a company’s long-term debt that is due to be paid within the next fiscal year, often classified under current liabilities.

Long-term Debt

Financial obligations owed by a company that are due more than one year in the future, typically including bonds, long-term loans, and lease liabilities.