- Economics Issues
This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!
Should the United States pass a minimum wage that assures all workers earn a wage above the poverty level? Defend your position using economic principles.
© BrainMass Inc. brainmass.com October 10, 2019, 1:20 am ad1c9bdddf
Let us say that if there is no min. wage, then supply and demand determines that Q workers should be hired at $P/hour.
And now, government imposes a min. wage.
If the min. wage is less than or equal to $P/hour, then it ...