The Typical Study on the Effect of the Minimum Wage

question 233

Multiple Choice

The typical study on the effect of the minimum wage on teenage employment finds that a 10 percent increase in the minimum wage

• A)depresses teenage employment by 1 to 3 percent.
• B)depresses teenage employment by 10 to 13 percent.
• C)has no effect on teenage employment.
• D)raises wages of teenagers by 10 percent.