Question
Which of the following is true? Group of answer choices Critics of minimum wage lawsargue that minimum-wage laws hurt the very people they are intended
Which of the following is true?
Group of answer choices
Critics of minimum wage lawsargue that minimum-wage laws hurt the very people they are intended to help.
Minimum-wage laws may increase unemployment among the groups of workers affected by the minimum wage.
If the demand for unskilled labor is relatively elastic, a higher minimum wage will produce more unemployment than if the demand for unskilled labor is relatively inelastic.
Increasing the minimum wage will do very little to solve the problems of poverty in America.
All of the above are true.
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