PrepTest 57, Section 3, Question 6
Economist: As should be obvious, raising the minimum wage significantly would make it more expensive for businesses to pay workers for minimum-wage jobs. Therefore, businesses could not afford to continue to employ as many workers for such jobs. So raising the minimum wage significantly will cause an increase in unemployment.
Economist: As should be obvious, raising the minimum wage significantly would make it more expensive for businesses to pay workers for minimum-wage jobs. Therefore, businesses could not afford to continue to employ as many workers for such jobs. So raising the minimum wage significantly will cause an increase in unemployment.
Economist: As should be obvious, raising the minimum wage significantly would make it more expensive for businesses to pay workers for minimum-wage jobs. Therefore, businesses could not afford to continue to employ as many workers for such jobs. So raising the minimum wage significantly will cause an increase in unemployment.
Economist: As should be obvious, raising the minimum wage significantly would make it more expensive for businesses to pay workers for minimum-wage jobs. Therefore, businesses could not afford to continue to employ as many workers for such jobs. So raising the minimum wage significantly will cause an increase in unemployment.
Which one of the following, if true, most weakens the economist's argument?
Businesses typically pass the cost of increased wages on to consumers without adversely affecting profits.
When the difference between minimum wage and a skilled worker's wage is small, a greater percentage of a business's employees will be skilled workers.
A modest increase in unemployment is acceptable because the current minimum wage is not a livable wage.
Most workers are earning more than the current minimum wage.
The unemployment rate has been declining steadily in recent years.
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