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In 2018, approximately 2.1% of hourly rate workers were being paid at the federal minimum wage level or lower. Would federal legislation to increase the
In 2018, approximately 2.1% of hourly rate workers were being paid at the federal minimum wage level or lower. Would federal legislation to increase the minimum wage have a greater effect on the mean or the median income of all workers? Explain your answer. Q It would have a large effect on the median and mean. The mean and median income levels will both increase with an increased federal minimum wage. Q It would have a greater effect on the median because the mean is resistant to low values. 0 It would have a greater effect on the mean because the median is resistant to low values. 0 It would have a greater effect on the median, because the median is not resistant to a change in thousands of values
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