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Did your classmate explain their decision in economic terms

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Assignment

Minimum wage is a hot topic in politics today. Many politicians are advocating a raise in the wage from $7.25 an hour, the current wage, to $15. They argue that $7.25 is not a high enough wage to support a family. Opponents believe raising the wage would have dire consequences on the labor markets and especially the teenage labor market.

If you were advising a politician on his/her platform would you encourage or discourage them from supporting an increase to $15. Why? Explain your decision using information and terminology that has been covered in Unit One. Your answer to the question must be a minimum of 5 complete sentences. (Support your answer)

You must reply to the post of one of your classmates. In your reply you must say whether you agree or disagree and why? Did your classmate explain their decision in economic terms? Your reply must be at least 3 complete sentences.

Reference no: EM131450232

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