Signature Assessment – ECO251252
For this assignment you must read the portion of your text book which discusses price floors, page 69-70. Then read the attached pdf files for further information about minimum wages.
PDF Files:
CBO Minimum Wage Report
Allen Sanderson Minimum Wage Article
Noah Smith Minimum Wage Article
Nick Hanaur Minimum Wage Article
Cato Institute Minimum Wage Article
Walter Williams Minimum Wage Article
Using the information from your textbook and the pdf files, do you think that a price floors such as a minimum wage will result in more unemployment (a surplus of labor) among unskilled workers?
Your answer to the assignment should be two to three, typed, double spaced pages using a standard 12 point font. Your grade for this project will be based on the Rubric on the second page. Your grade will be based on your ability to use the above articles for your research, and then construct and support an opinion. Part of your grade will also depend on the mechanics of the paper, organization, grammar, spelling, and proper use of citations. See the attached Rubric for exactly what you will be graded on in this paper.
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