Would Increasing the Minimum Wage Reduce Poverty? (Page One Economics)

The nonpartisan Congressional Budget Office tackles that question in a new report and highlights the trade-off presented by increasing the minimum wage. The March 2014 issue explains the debate and discusses whether other approaches may be more effective in helping alleviate poverty.

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Audience:   High School, Consumers, College
Language:   English
Subjects:   AP, Economics
Resource Types:   Publications, Newsletter, Lessons
Concepts:   Markets, Sources of Income