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Type: Multiple-Choice
Category: Economics
Level: Grade 12
Author: pecroom
Created: a year ago

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Economics Question

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Grade 12 Economics

What argument might a supporter of a higher minimum wage use?
  1. A higher minimum wage increases costs of production.
  2. A mandatory increase in wages restricts the freedom of employers.
  3. To pay higher wages, employers will have to hire fewer workers.
  4. Minimum wage earners need an increase to cover basic needs.
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