A Disadvantage Associated with a Minimum Wage Law to Reduce

question 123

Multiple Choice

A disadvantage associated with a minimum wage law to reduce poverty is that it

• A)encourages illegitimate births because single women with children receive higher payments.
• B)rewards laziness because it provides payments to those with low incomes regardless of their work effort.
• C)focuses on children and the disabled while neglecting the working poor.
• D)may benefit the teenage children of families who are not poor.

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Definitions:

Foreclosure

The legal process by which a lender or creditor takes control of a property, evicts the homeowner, and sells the home after the homeowner fails to make full principal and interest payments on a loan.

Contractor

An individual or company hired to perform specific tasks or services, often related to construction or renovation, under a contract agreement.

Homeowner

An individual who owns a residential property where they typically reside, responsible for maintaining the property and fulfilling any related legal obligations.

Lien

A legal right or interest that a lender or creditor has in another's property, guaranteeing the payment of a debt or fulfillment of some obligation.