What are the effects on the consumers

Reference no: EM13758782

President Barack Obama is pushing for an increase in the minimum wage from $ 7:25 to $10.10 by 2015. Based on what you have read this week, what will be the impact on the demand for and supply of workers.

What are the sectors that are the winners and the winners when there is a change in the minimum wage?

What are the effects on the consumers? Write your initial response in four paragraphs.

Reference no: EM13758782

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