Question: Explain what impact an increase in the minimum wage from $5.15 to $7.00 per hour would have on:
(A) The overall rate of inflation.
(B) The unemployment rate for African-American male teenagers.
(C) The price of hamburgers.
(D) Employment of university professors and Senators.
(E) Cost of college tuition.
(F) Employment in the apparel industry.
(G) Employment at Wal-Mart stores.
(H) The price of new motor vehicles.
(I) The price of used motor vehicles.
(J) Employment of computer programmers.
(K) The price of medical care services.