Discussion question, the equal pay act

February 20, 2023February 20, 2023 Discipline: Macro Economics
Learning Goal: I’m working on a macro economics discussion question and need an explanation and answer to help me learn.

The minimum wage was enacted to stabilize the economy and protect the workers in the labor force. The U.S. Minimum wage currently is $7.25 per hour. For a 40-hour week, that amounts to $290 per week or $15,080 per year. The minimum wage was last increased in 2009. The average inflation rate from 2009 to 2022 has been 2.55%. If the minimum wage increased along with inflation, it would be $10.31 today.

Find two authoritative arguments in favor of and against an increase in the minimum wage and present your opinion concerning which is best for our economy.

In the responses to your peers, share your thoughts on what they have contributed.

Cite all resources in proper APA format.

Are you struggling with your paper? Let us handle it - WE ARE EXPERTS!

Whatever paper you need - we will help you write it

Get started

Starts at $9 /page

Login Register Reset

How our paper writing service works

It's very simple!

  • Fill out the order form

    Complete the order form by providing as much information as possible, and then click the submit button.

  • Choose writer

    Select your preferred writer for the project, or let us assign the best writer for you.

  • Add funds

    Allocate funds to your wallet. You can release these funds to the writer incrementally, after each section is completed and meets your expected quality.

  • Ready

    Download the finished work. Review the paper and request free edits if needed. Optionally, rate the writer and leave a review.

Place order now