- INSTRUCTIONS: Write paper and discuss both of these questions:

1. Raising the minimum wage has economic consequences. What would be some of the economic impacts of raising the minimum wage? (both good and bad)

2. In 2009, the American Recovery and Reinvestment Act was passed to help stimulate our struggling economy. This legislation infused over 800 billion dollars in government spending. From an economic perspective, discuss the advantages and disadvantages of doing so.