This booklet, which is designed to clarify facts regarding the minimum wage's impact on marketplace economics, contains a total of 31 questions and answers pertaining to the following topics: relationship between minimum wages and poverty; impacts of changes in the minimum wage on welfare reform; and possible effects of changes in the minimum wage and job loss. Among the issues addressed in the individual questions are the following: characteristics of individuals who work at the minimum wage; whether a higher minimum wage would help selected groups such as poor families, low-skilled adults, and minorities; whether the minimum wage should be linked to other wages in the economy, the Consumer Price Index, and/or inflation; the types of jobs people take when leaving welfare; whether individuals leaving welfare for entry-level jobs will require permanent income support; the findings of studies examining the link between the minimum wage and job loss in California, New Jersey, and Texas; and the effects of minimum wage increases on youth employment and unemployment. The bibliography lists 64 publications dealing with the following topics: labor market and employment effects of the minimum wage; youth and the minimum wage; macroeconomic effects; and poverty and equity issues. (MN)