Human Costs of Lost Jobs and Incomes Discussion

Human Costs of Lost Jobs and Incomes Discussion

Instructions/Descriptions

Human Costs of Lost Jobs and Incomes Discussion

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Watch the above videos. Once you have done this click on the above link “Minimum Wage DB” and create a thread with at least two paragraphs containing the following:

What are the positive aspects of raising the minimum wage according to Robert Reich? Explain.

What are the negative aspects of raising the minimum wage according to John Stossel and Guest?

In your opinion, which side of the argument has more merit? Substantiate your view by arguing against the points made by the opposing side.

Perform an Internet search and determine the most recent Federal, California, and San Diego minimum wage. What do you believe would be the optimal minimum wage? Why?

Eastlake High School Human Costs of Lost Jobs and Incomes Discussion

PART 1

Instructions: Post one significant sentence from any chapter 7-9. And please explain why it is a powerful sentence. The paragraph should have a total of 5-7 sentences.

Please find the chapters 7-9 attached as a pdf.

PART 2

Instructions: For the following response, respond thoughtfully. Just saying “I agree” or “I disagree” does not constitute a thoughtful response. They need to be substantive to promote further discussion, new ideas, or questions and are at least 75-100 words and meaningful sentences that are also professionally written. State your opinion. Do you agree with them? If so why or why not?

Chapter 9

“The higher the disposable income, the more households are willing and able to spend” (Chapter 9, page 175.)

Disposable income is whatever income a household’s leftover after the mandatory taxes, the consumption is determined by the disposable income. the relationship of both is the consumption function. For example, households that have higher disposable income will spend more budget and eventually will spend more.

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Human Costs of Lost Jobs and Incomes Discussion

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