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Suppose that the new administration hires you to research two alternatives for hourly pay. Alternative #1 sets a $20 per hour minimum wage for all jobs. Alternative #2 allows hourly pay to be determined by supply and demand. Based on what you have learned in class and at least two scholarly articles on the topic that are no more than five years old, write a 3-4 page paper in APA format examining the advantages and disadvantages of both plans and predict the impact of each over the next 10 years. Then select the one you think is the better alternative and explain why. This assignment must be your own work and all sources used must be clearly referenced and cited (including the use of quotation marks for direct quotes). Do not repeat the questions in the work you submit.

Date Posted: 25/11/2017
Category: Economics
Due Date: 25/11/2017
Instruction
Suppose that the new administration hires you to research two alternatives for hourly pay. Alternative #1 sets a $20 per hour minimum wage for all jobs. Alternative #2 allows hourly pay to be determined by supply and demand. Based on what you have learned in class and at least two scholarly articles on the topic that are no more than five years old, write a 3-4 page paper in APA format examining the advantages and disadvantages of both plans and predict the impact of each over the next 10 years. Then select the one you think is the better alternative and explain why. This assignment must be your own work and all sources used must be clearly referenced and cited (including the use of quotation marks for direct quotes). Do not repeat the questions in the work you submit.
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