Most government policy decisions have winners and losers. What are the effects of raising the minimum wage? It is more complex than simply producers lose and workers gain. Who are the winners and who are the losers? (May be more than one answer). O A. Marginal workers are losers if their job is a risk V B. People who keep their job are winners O C. People who can now go on welfare are winners V D. Consumers are losers because many goods and services will cost more O E. Businesses are winners because they will always have better workers

Most government policy decisions have winners and losers. What are the effects of raising the minimum wage? It is more complex than simply producers lose and workers gain. Who are the winners and who are the losers? (May be more than one answer). O A. Marginal workers are losers if their job is a risk V B. People who keep their job are winners O C. People who can now go on welfare are winners V D. Consumers are losers because many goods and services will cost more O E. Businesses are winners because they will always have better workers

Principles of Microeconomics

7th Edition

ISBN:9781305156050

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter19: Earnings And Discrimination

Section: Chapter Questions

Problem 3PA

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