After reading and reviewing Chapter 3 and watching the video: Supply and Demand: Crash Course Economics #4
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Question:
After reading and reviewing Chapter 3 and watching the video: Supply and Demand: Crash Course Economics #4 answer one of the following discussion questions. Make sure to include relevant points to your answer.
Most government policy decisions have winnersand losers. What are the effects of raising the minimumwage? It is more complex than simply producers loseand workers gain. Who are the winners and who are thelosers, and what exactly do they win and lose? To whatextent does the policy change achieve its goals?
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