Studies of the Effects of the Minimum Wage Typically Find

question 100

Multiple Choice

Studies of the effects of the minimum wage typically find that a 10 percent increase in the minimum wage depresses teenage employment by about

• A)1 percent to 3 percent.
• B)2 percent to 6 percent.
• C)5 percent to 9 percent.
• D)none of the above; the typical finding is that a 10 percent increase in the minimum wage has no measurable effect on teenage employment.

---

Definitions:

Self-Esteem Trap

The condition of relying on external validation or success to feel good about oneself, which can be unstable and lead to disappointment.

Unreasonable Customer

This refers to a customer whose demands or expectations are beyond what is considered fair or reasonable, often challenging to satisfy.

Negative Influence

An impact that leads to harmful or undesirable outcomes or behaviors.

Stern Tone

A manner of communication that is firm, strict, and sometimes authoritative, often used to convey seriousness.