Discussion Board 4

Read the section in chapter 6 on price floors (page 59).  The minimum wage is example of a price floor.  Discuss with your classmates whether the minimum wage should be raised.   What are the consequences of the a minimum wage increase?  Who benefits?  Who gets hurt?  Is it possible that this type of legislation hurts the very people it is intended to help?

 When considering this issue, do not hesitate to look at outside sources. Please Copy and Paste this link on the Web Site of You Tube

YouTube URL: http://www.youtube.com/watch?v=ca8Z__o52sk

Post your original thought and then reply to 3 student Posts.

Remember there should be a total of 4 posts made by you the student.