Raising the minimum wage has become a national, state, and municipal focus in recent years. The increasing disparity in income and perceived opportunity for low-income wage earners has become a significant issue for our leaders and policy makers. For this assignment conduct research on the internet for credible presentations by economists who favor increasing the minimum wage and, from those who oppose an increase to the minimum wage.   Refer to your text for information (labor markets, price floors for example) that help to clarify and define the issue. Take and defend a position: The Federal Minimum Wage should be increased to $? an hour because of___________,   _________. and _____________. or The Federal Minimum Wage should not be increased because of___________,   _________and _____________.

Economics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506725
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter1: The Economic Approach
Section: Chapter Questions
Problem 13CQ
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Raising the minimum wage has become a national, state, and municipal focus in recent years. The increasing disparity in income and perceived opportunity for low-income wage earners has become a significant issue for our leaders and policy makers.


For this assignment conduct research on the internet for credible presentations by economists who favor increasing the minimum wage and, from those who oppose an increase to the minimum wage.   Refer to your text for information (labor markets, price floors for example) that help to clarify and define the issue.

Take and defend a position:

The Federal Minimum Wage should be increased to $? an hour because of___________,   _________. and _____________.

or

The Federal Minimum Wage should not be increased because of___________,   _________and _____________.

Refer to the attached video for necessary elements to write a strong and well defended opinion that supports your thesis.

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