Which of the following statement regarding the minimum wage is FALSE? (IT\'S NOT
ID: 2443887 • Letter: W
Question
Which of the following statement regarding the minimum wage is FALSE? (IT'S NOT C)
a. Supporters for raising minimum wage believe that higher wage can ensure a decent living life for working families
b. Most people who are paid at the minimum wage are young, part-time workers with low educational attainment
c. Opponents of minimum wage believe that higher wage would reduce company profits and eventually hurt workers due to layoffs
d. Minimum wage is a national issue, thus states cannot set its own minimum wage requirement
Explanation / Answer
Minimum wage laws are set in order to raise the wages young people and low skill labourers receive and in order to reduce structural unemploymet. Both the nation and state can set the minimu wage laws.
The correct answer is, d. Minimum wage is a national issue, thus states cannot set its own minimum wage requirement
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