economics homework 29

Many politicians are advocating for a higher minimum wage. But others have argued against raising the minimum wage.

a) Is the minimum wage fair? Evaluate the fairness of the minimum wage based on both the “results” and “rules” of a minimum wage

(see the section ” ls the Competitive Market Fair?” in Chapter 5 for the two broad ideas of fairness).

b) Read an article from one side of the debate (either for or against the higher minimum wage). Argue your own position based on what you’ve learned in Chapters 5 and 6 and the article you’ve read. Make sure you cite your article.

Write 3 to 4 sentences for each

 

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