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:

Communicable Diseases

Illnesses that are spread from one person to another or through the environment, via infectious agents.

Personal Protective Equipment

Clothing or gear designed to protect individuals from specific hazards and health risks in the environment or workplace.

Severe Acute Respiratory Syndrome

A contagious and sometimes fatal respiratory illness caused by a coronavirus.

Acquired Immunodeficiency Syndrome

A chronic, potentially life-threatening condition caused by the human immunodeficiency virus (HIV) that damages the immune system, reducing the body's ability to fight off infection and disease.