1-Analyze what happens when the minimum wage is raised (raising the minimum labor price). 2-Will the number of workers hired change? 3-Why?4- What could be the unintended consequence of a law raising the minimum wage in order to help low-income workers?

Next, 5-analyze what happens when the apartment rental price is regulated so that prices are kept artificially low (price ceiling). 6-What will happen to the availability of apartments?7- Why? 8-What could be the unintended consequence of a property rent reduction law designed to help low-income renters?

500-750 WORDS, PLEASE DO NOT COPY PASTE ANYTHING DO PARAPHRASING AND USE YOUR OWN WORDS