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Go to the Internet and find a news article that discusses the effects of a minimum-wage increase on the U.S.

Published on January 2018 | Categories: Public Notices | Downloads: 71 | Comments: 0
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Go to the Internet and find a news article that discusses the effects of a minimum-wage increase on the U.S. economy, summarize key points and post in the Discussions area. Try to find an article that provides some analytical, rather than just anecdotal, evidence. If you can find an article with some quantitative analysis, that would be even better. Describe the situation that occurs when the minimum wage is set higher than the equilibrium wage determined by the supply and demand curves in an open labor market for low-paying jobs. What demographic has the greatest potential to be harmed by an increase in the minimum wage. You are expected to make your own contribution in a main topic as well as respond with value added comments to at least two of your classmates as well as to your instructor.

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Go to the Internet and find a news article that discusses the effects of a minimum-wage increase on the U.S. economy, summarize key points and post in the Discussions area. Try to find an article that provides some analytical, rather than just anecdotal, evidence. If you can find an article with some quantitative analysis, that would be even better. Describe the situation that occurs when the minimum wage is set higher than the equilibrium wage determined by the supply and demand curves in an open labor market for low-paying jobs. What demographic has the greatest potential to be harmed by an increase in the minimum wage. You are expected to make your own contribution in a main topic as well as respond with value added comments to at least two of your classmates as well as to your instructor.

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