Multiple Choice
In 2007, the government of Ontario raised the minimum wage substantially and justified it as a policy designed to help the poor. What was the evidence found in this regard?
A) It does not help the poor because there is not a lot of overlap between the poor and minimum-wage workers.
B) It does help the poor because the employment effect is strong.
C) It does help the poor because most of the poor are working at low-paid jobs.
D) It does help the poor because many of them work long hours, and thus will benefit from a higher wage.
E) The existing research is inconclusive on this issue.
Correct Answer:

Verified
Correct Answer:
Verified
Q22: The empirical literature on monopsony has found:<br>A)
Q23: Consider Figure 7.6 in the textbook. The
Q24: Consider Figure 7.6 in the textbook. The
Q25: What has empirical research on the incidence
Q26: Which of the following statements is false?<br>A)
Q28: Which of the following statements is false?<br>A)
Q29: Which of the following statements regarding monopsony
Q30: Which of the following statements is true?
Q31: If the government sets a minimum wage
Q32: American adults of working age work on