Two Economists Can Agree That Raising the Minimum Wage Creates

question 234

Essay

Two economists can agree that raising the minimum wage creates unemployment yet one might argue that raising the minimum wage is a good policy and the other that it is a bad policy. Why can this difference exist? Be sure to use the terms positive and normative in your answer.

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Definitions:

Persuasive Strategies

Techniques employed to convince or influence others to adopt a particular viewpoint or action.

Dramatistic Analysis

A method in communication studies for examining motivations and actions within narratives by considering five elements: act, scene, agent, agency, and purpose.

Purpose

The reason for which something is done or created, or for which something exists.

Conversation Analysis

A methodological approach to studying the structure and pattern of conversations to understand how participants comprehend and respond to one another.