Explain why the challenge creates a difficulty


Problem

When we hear discussions regarding policy, the phrase "living wage" often comes up. Sometimes it regards a minimum hourly wage; other times, it is used in the context of universal basic income.

As we expand this living wage discussion from a local to a nationwide discussion, we will run into some challenges. In this discussion, your task is to:

a) Pick a challenge that would make it difficult to define a set "living wage" across a nation

b) Explain why this challenge creates a difficulty, and the obstacles it makes to create good policy.

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Microeconomics: Explain why the challenge creates a difficulty
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