Questions tagged [minimum-wage]
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What would happen if layoffs were made illegal?
I was trying to explain to my friend why I don't think raising the minimum wage will benefit workers. He said "what if we just made layoffs illegal through legislation?". Is this even possible? If so, what would be the economic impact? Thanks.
Owl
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Equilibrium in a labour market and price floors
I'm (very) new to economics, taking it as an introductory subject at the moment. I had a quick question regarding labour markets and minimum wages imposed as a form of government intervention.
Is it generally true that for most countries, the free…
zaddy
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Could 15 dollars per hour minimum wage hurt the economy?
I was arguing with a friend the other day about increasing the minimum wage to \$15 per hour,
Looking over this article
http://fortune.com/2015/04/13/who-makes-15-per-hour/
Mostly the charts you can see that most workers in the retail, food service,…
Anthony Fornito
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