Advocates of the Minimum Wage

question 106

Multiple Choice

Advocates of the minimum wage

• A)deny that the minimum wage produces any adverse effects.
• B)emphasize the benefits to teenagers of increases in the minimum wage.
• C)emphasize the low annual incomes of those who work for the minimum wage.
• D)All of the above are correct.

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Definitions:

Federal Trade Commission

A U.S. federal agency established in 1914 to enforce antitrust laws and promote consumer protection.

Teapot Dome Scandal

A major political scandal in the 1920s involving the illegal leasing of federal oil reserves by the Secretary of the Interior, Albert B. Fall.

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Strategic reserves of petroleum maintained by a government for use during crises and to safeguard against sudden supply disruptions.

Walter Lippmann

An influential American writer, reporter, and political commentator known for being one of the first to introduce the concept of the "cold war" and for his deep analyses of public affairs.