The Reality of Minimum Wage Laws

Abstract: An 11 page paper discussing the effect of minimum wage in terms of supply and demand. Attempting to equate a minimum wage with a living wage creates a no-win situation for everyone involved, particularly unskilled or inexperienced workers. Minimum wage needs to exist, but certainly should not be increased. Rather, the federal government needs to allow market forces to have more freedom to operate, leading to a form of prosperity undergirded by more than political rhetoric. Bibliography lists 8 sources.

Filename: KSeconMinWgSupD.rtf

Pages: 11

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Catagory: Money & Banking / Corporate Finance

Subcatagory: Accounting & Personal Finance

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