Topic - Minimum Wage

5-6 Pg.

Criteria :

• Solid economic arguments using class notes, the text, and current economic research & events
• Displays an understanding of how macroeconomic theories support the thesis
• Explains how they (the student), as an economist, would advise a political leader
• Discuss the opposing view and if it may be more politically popular (and why)
• Discusses the short term and long term macroeconomic effects of their view point
• Explains how the topic fits into a capitalistic society such as the US
• Discusses how the issue may affect individuals differently

Questions -

HOW DOES RAISING THE MINIMUM WAGE BENEFIT THE ECONOMY?

HOW DO EMPLOYERS BENEFIT FROM A HIGHER MINIMUM WAGE?

WILL EMPLOYERS LEAVE MY STATE IF IT RAISES ITS MINIMUM WAGE?

DOES RAISING THE MINIMUM WAGE HURT TEENAGE WORKERS?

WHO WOULD BENEFIT FROM A MINIMUM WAGE INCREASE?

HOW DO YOU RAISE THE MINIMUM WAGE?

WHAT IS THE CURRENT FEDERAL MINIMUM WAGE?

WILL EMPLOYERS GO OUT OF BUSINESS IF THEY MUST PAY A HIGHER MINIMUM WAGE?

DOESN'T THE MINIMUM WAGE MOSTLY AFFECT TEENAGERS?

What's the difference between minimum wage, prevailing wage and living wage?

How often does the federal minimum wage increase?