Question

There are several criticisms of the minimum wage. Which of the following is not one of those criticisms? The minimum wage a. often hurts those people who it is intended to help. b. results in an excess supply of low-skilled labor. c. prevents some unskilled workers from getting needed on-the-job training. d. fails to raise the wage of any employed person.

Answer 1

Answer: fails to raise the wage of any employed person

Explanation:

The minimum wage is the lowest amount of money that an employee is legally expected to pay his or her workers.

The minimum wage sometimes may lead to losses of jobs in case the employers can't meet the wages and salaries of the workers. Also, workers with high skill are more valuable and attractive than low skilled workers which can lead to excess supply of low skilled workers.

Therefore, the minimum wage hurts those people who it is intended to help. The minimum wage often increases the wage of the employees therefore the option that "it fails to raise the wage of any employed person" is the correct answer because it isn't a criticism.