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Minimum Wage (Example)

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The Minimum Wage Student Name Professor Course Date of Submission Abstract This paper will seek to critically analyze the impact of increasing the minimum wage in lowering the levels of poverty among the poor in America. Minimum wage simply refers to the lowest pay an individual or a worker can earn after an hour. Many politicians have used this as a campaigning tool notably the famous manifesto for the former President Barrack Obama while economists have gone further to get the evidence underlying such claims and found out that this is not true. I will seek to analyze various economic pieces of evidence to illustrate how minimum wage does not lift the lives of the poor or contribute to reducing the levels of poverty rather it contributes to increasing the levels of poverty among the poor. This will be done by answering the following 6 questions: giving a general The reasons as to why I choose to disagree with those proposing for an increase is because One there are no people working from these poor families and if there are there they are very few. Two the poor people are not earners of wages and therefore not beneficiaries of the increase in the pay and finally any increase would adversely affect the poor in that the employment would be scarce since the employers will be willing to spend on the less experienced the same amount as to the experienced and hence they would prefer to have experienced few. In conclusion I used the following articles in my analysis: “What’s Best AT Reducing Poverty? An Examination of the Effectiveness of the 2007 Minimum Wage Increase Can Raising the Minimum Wage Reduce Poverty and Hardship? 2 Parties place Political focus on Inequality by Jeremy W. Peters the New York Times.” [...]

Order Description:

Need by 12/29/17-12/31/17, 100% Original, Need to follow instructions provided.

Subject Area: Economics

Document Type: Reports

This project has already been completed by one of the Studybay experts. The client rated this project:

Project's rating is 5/5

Price $35

Words 1100

Pages 4

Completed in 10 days

Expert user28346

Client Review

Great communication and understanding of the assignment. Got an A and I'm so happy. Will definitely use mikel again!

Positive
01.06.2018

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