What are the implications of raising the minimum wage rate

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Question I:

According to the Living Wage Calculator developed by Amy Glasmeier, Professor of Economic Geography and Regional Planning at MIT, the living wage rate for a family of four (two working adults, two children) is $16.54 per hour. What are the implications of raising the minimum wage rate to a livable wage? Do you think the government should increase the federal minimum wage? Explain your answer.

Question II:

Case Study. CEO Pandemic Pay...Taking One for the Team or Window Dressing? on page 396 and discuss your answers to the questions.

 

Reference no: EM133466406

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