Minimum wage
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Minimum wage

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    Minimum wage Minimum wage Presentation Transcript

    • Bellringer Quiz Mankiw Ch61. Why isn’t it such a good idea?
    • • Price ceiling Government Price controls• Price floor
    • Page 117 Minimum Wage• Read the section1. Why should teenagers pay attention to the debate?2. Summarize the economists’ argument for a minimum wage3. Summarize the economists’ argument against a minimum wage4. How has this reading changed your opinion of minimum wage?