Can someone explain to me...

[framlingem]

just how a 'high school student with one year of work experience' would be 'adversely affected by the existence of a minimum wage'? (words in quotes belonging to the online quiz which I didn't get the right answer for this question on, emphasis mine)

It seems to me that a high school stdent would be benefited by the minimum wage, as it would ensure that his job would pay him a decent quantity. I picked the 'Person with an MBA' as the person most likely to be adversely affected, as he is likely the one being forced to pay the minimum wage.

Thoughts?

Comments

[tckma.livejournal.com]

I think you're right.

[framlingem.livejournal.com]

I posted this, and then it occured to me that an increase in minimum wage would cause MBA guy to decrease the number of minimum wage workers, thus making it more difficult for High School Student to get a job in the first place.

I'm of the opinion that both answers are true.