Question

Studies show that a 10 percent increase in the minimum wage ________.

a. increases teenage employment by about 1 to 3 percent
b. decreases teenage employment by about 10 to 15 percent
c. decreases teenage employment by about 1 to 3 percent
d. increases teenage employment by about 10 to 15 percent

Answer 1

Studies show that a 10 percent increase in the minimum wage decreases teenage employment by about 1 to 3 percent.