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(A) Are minimum wages an example of a price ceiling or a price floor? (B) List three arguments opponents have against minimum wages. (C) List

(A) Are minimum wages an example of a price ceiling or a price floor?

(B) List three arguments opponents have against minimum wages.

(C) List three arguments proponents have in favor of minimum wages.

http://www.dol.gov/whd/minwage/chart.htm

2. (A) When was a federal minimum wage imposed for the first time?

(B) How much was the first federal minimum wage?

(C) When was the federal minimum wage last increased?

(D) What is the current federal minimum wage?

3. (A) Working 40 hours per week, 52 weeks per year, how much income would a minimum wage worker earn?

(B) How many times has the minimum wage been increased since it was first imposed?

(C) How does Congress decide when to change the minimum wage -- according to some fixed schedule or by some other criteria? {Use complete sentences.}

(D) What has happened to the purchasing power of the federal minimum wage (i.e. real minimum wage) since it was last increased in 2009? {Explain your answer.}

http://www.dol.gov/whd/minwage/america.htm {Click: Table of minimum wage by state.}

4. (A) How many states have minimum wages greater than the federal minimum wage?

(B) Name three such states and their minimum wages.

(C) What is Pennsylvania's minimum wage?

(D) What is the minimum wage which must be paid to workers in Alabama?

5. (A) Governor Wolf has proposed raising the Pennsylvania minimum wage to what level?

{ internet search and give citation.}

(B) Governor Wolf has also proposed that the minimum wage be indexed. In this context, what does indexing mean? {Use complete sentences.}

(C) How many states have scheduled annual adjustments for their minimum wages? {See notes on bottom of web page.}

6. (A) What does historical data show about whether increases in minimum wages create unemployment or not? {Use complete sentences.}

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