Question

One of the consequences of increasing the minimum wage has been: ________
a. decreased unemployment for low-skill workers.
b. workers offering to work "off the books" for less than the minimum wage.
c. lower production costs for small businesses.
d. increased employment for high-skill workers.

Answer 1

A consequence of increasing the minimum wage is A. decreased unemployment for low-skill workers.

What is a wage?

A wage simply means the payment for the services rendered by an individual on a hourly basis.

In this case, consequence of increasing the minimum wage is a decreased unemployment for low-skill workers.

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