For more information check out the Discussion Rubric Topic Threads M7: Discussion Question 1 Dec 4 - Dec 10 Must post first. A significant issue in the ongoing political campaigns is raising the minimum wage to $15/hr. There is considerable debate in whether the minimum wage rate contributes to teenage or unskilled labor unemployment or if it raises expectations on employee output. Choose one side of this debate, research and develop a brief argument to support your decision. Some items to consider, Who is helped and who is hurt by the minimum wage? If employees earn more will this increase cause a shift in the supply curve of groceries? Discretionary items? Savings? Will employers raise prices, earn less, hire fewer employees or expect greater production from the employees they have? You must start a thread before you can read and reply to other threads M7: Discussion Question 2M Gmail YouTube Maps Translate M7: Discussion Question 2 Dec 4 - Dec 10 Must post first. Answer ONE of the two prompts below. Wages Why do some jobs pay more than others? What characterizes a winner-take-all labor market? Offer some reasons why corporate heads now earn relatively more than they did in 1980. OR Labor Market Why does the quantity of labor supplied increase with the increase of wage rates, other things constant. How or will this effect unemployment? Does it seem logical that the amount of labor supplied (hours worked) will decrease if the wage rate gets high enough? Why or why not? Will this phenomenon differ as related to a summer job or permanent employment? You must start a thread before you can read and reply to other threads