Microeconomics – Minimum Wage
1. Make an economic argument that the federal minimum wage should be raised from $7.25 per hour to $15.00 per hour. Be sure to include who will be better off and who will be worse off between minimum wage workers, minimum wage employers and consumers.
2. Make an economic argument that the federal minimum wage should not be raised (or perhaps even repealed.).Be sure to include who will be better off and who will be worse off between minimum wage workers, minimum wage employers and consumers.
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