QUESTION 25 Research into the actual effects of increases in the minimum wage ha
ID: 1134044 • Letter: Q
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QUESTION 25 Research into the actual effects of increases in the minimum wage has resulted in some conflicting results However, research over the years has also resulted in some consensus views. Which of the claims below are well-founded and not a matter of controversy among economists? (Choose all that apply) Teenagers are more likely to suffer unemployment as a result of an increase in the minimum wage than are older workers. Employment in food service was not affected by Seattle's increase in its minimum wage (for wages as high as $13). The $15 minimum wage in Seattle lowered low-wage employees' earnings by an average of $125 per month in 2016. A $15 minimum wage in Seattle or New York City is more appropriate than a $15 minimum wage in rural areas where the cost of living is lower. The long-term effects of an increase in the minimum wage will be much more severe than short-term effects as technology enables employers to substitute machines for people. Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All AnswersExplanation / Answer
The claims that are well-founded are
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