Posted: October 4th, 2013
supply and demand graph
2.) Using estimates from Google to determine the current number of workers earning minimum wage
• using the graph, will there be a surplus or shortage or workers? Why?
• what does the result mean for the current work force?
3.) List 3 Advantages that might be achieved by raising the minimum wage to $10
• 1.
• 2.
• 3.
4.) List 3 Disadvantages that might be the result of raising the minimum wage to $10
• 1.
• 2.
• 3.
5.) Using what you have learned about Price Controls, comment on the content of each of the
following politicians quoted in the article:
• Jerry Brown
• Luis Alejo
• Brian Jones
• Connie Conway
6.) If you were able to cast a “Yea” or “Nay” vote on this issue, what would you do? WHY (do your advantages outweigh your disadvantages, or vice versa, or use any other supporting evidence)?