Arguments against legislating minimum wage

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Reference no: EM13902401

Arguments against legislating a minimum wage include: ___________

1. The notion that people paid less than a minimum wage are exploited is questionable

2. The notion that a minimum wage works well to redistribute income to those who need it most is questionable

3. Increasing labor costs may lead to higher unemployment, not less

4. All of the above

Reference no: EM13902401

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