• Should there be a minimum wage? Should there be a "living wage"? What are the costs and benefits of a minimum wage or living wage? How does a minimum wage affect the demand for labor? How does it affect the supply of labor? (think about the supply and demand equilibrium model).
• How will a living wage affect the overall demand in the economy? (Think about the circular flow model.)
  • Dickinson, T. (2014, February 27). The Minimum-Wage War.
  • Can you find some sources to support your position?
• Should there be a maximum wage? Should a CEO or executive of a company have their wage tied to that of the lowest workers wage?
  • Sutter, J. D. (2013, November 21). Opinion: U.S. should copy Switzerland and consider a 'maximum wage'.