How much would it cost to raise the pay of lower-paid workers to that amount?
All of the above significantly raise the cost of doing business and hiring new employees.
They raise the cost of economic activity and allow less of it to take place.
Davis-Bacon can raise the cost of government contracts by as much as 22 percent.
"Raising the minimum wage will raise the cost of everything else in the country, " he said.
Raise the cost and the effect, in reducing consumption and boosting conservation, would be dramatic.
On capital gains, he would raise the cost of investment success to 39% too.
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Some say that a formal debt-restructuring system will raise the cost of borrowing and frighten skittish markets.
His planned environmental tax, the Carbon Floor Price, will raise the cost of energy from fossil fuels.
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This will sharply raise the cost of bringing new medicines to market by substantially increasing the risk of doing so.
Northern Rock will raise the cost of its entire range of residential fixed and tracker rate deals tonight.
It is true that bailing in might both reduce capital flows to cash-strapped countries and raise their cost.
Bristol's mayor wants to raise the cost of business parking permits by up to 400%, the Liberal Democrats say.
America would resist, because losing its reserve-currency status would raise the cost of financing its budget and current-account deficits.
Higher taxes on energy firms will only raise the cost of producing oil in America, and so discourage investment.
Bankruptcy cases, which commonly drag on for a decade, discourage banks from lending and raise the cost of credit.
First, they raise the cost of borrowing and so deter new investment or purchases of consumer durables on credit.
That, Eli worries, will force Comcast to raise the cost of basic Internet access to compensate for the lost revenue.
New regulations and drilling restrictions will raise the cost of offshore production which will drive up the cost of oil.
And he can raise the cost of continuing the status quo through multilateral measures to economically and politically isolate the spoilers.
Investors will be more cautious about pouring their money into the next bright idea, which could raise the cost of capital.
We know that factors that raise the cost of doing business, like higher energy prices or costly regulations, reduce output and employment.
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Lothian Buses is planning to raise the cost of an adult single fare next month as a result of rising fuel costs.
If they had to reveal trades in progress, they say, nimbler buyers might snap up the shares first and raise the cost.
Raise the cost of employing people, and the company will eliminate jobs.
"This could ultimately undermine the dollar, push up inflation even more and raise the cost of servicing debt for the US authorities, " our business editor explained.
Those who oppose the idea argue that if you raise the cost of doing something (such as hiring workers), you get less of it.
Anti-alcohol campaigners will be celebrating a Budget decision to class so-called alcopops in the same tax bracket as spirits - which could raise their cost.
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