Which of the Following Statements About the Minimum Wage Is

Multiple Choice

Which of the following statements about the minimum wage is correct?

A) An increase in the minimum wage enhances the well-being of all unskilled workers.
B) An increase in the minimum wage has no effect on the well-being of middle-class families.
C) Advocates of the minimum wage argue that the demand for labor is relatively inelastic.
D) Critics of the minimum wage argue that it is an undesirable way of helping the poor because it is costly to the government.