Questions: more personal income

more personal income
Transcript text: more personal income
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Solution

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The answer is: more personal income.

Explanation for each option:

  1. Higher rents: This option is incorrect. While some argue that increasing the minimum wage could lead to higher rents due to increased demand for housing, this is not a direct belief held by supporters of the minimum wage. Supporters typically focus on the benefits to workers rather than potential secondary effects like rent increases.

  2. Fewer jobs: This option is incorrect. Opponents of the minimum wage often argue that it could lead to fewer jobs, as employers might reduce hiring or cut jobs to offset the increased labor costs. However, this is not a belief held by supporters of the minimum wage.

  3. More personal income: This option is correct. Supporters of the minimum wage believe that it provides more personal income to workers. By ensuring a minimum level of pay, workers have more money to spend on necessities, which can improve their standard of living and reduce poverty. This is a primary argument in favor of raising the minimum wage.

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