Democrats want to gradually raise the federal minimum wage to $15 per hour from the current $7.25. Source: CNBC, January 16, 2019 Explain how a gradual rise in the federal minimum wage will influence aggregate supply. Question content area bottom Part 1 The gradual rise in the federal minimum wage _______. A. increases aggregate supply because when workers receive a higher wage rate, they work harder B. creates a movement up along the aggregate supply curve because the price level rises C. decreases aggregate supply because the money wage rate increases and firms' costs increase D. does not change aggregate supply because most people earn more than the minimum wage