Question

Which of the following statements about the minimum

wage is false?
Select one:
O
The minimum wage makes covered workers who
keep their jobs worse off.
The minimum wage makes employers of covered
workers worse off.
The minimum wage covers about 5-10% of
Canadian workers.
O
The minimum wage creates some small amount of
unemployment among covered workers.

Answer 1

Some workers are better off and some are worse off.

Step-by-step explanation:

If the government raises minimum wages, the cost of hiring labour increases and as a result, some firms would lay off some workers especially those that are low skilled labours.

As a result some would lose their jobs while others would benefit from the increased wages