Problem
1. List three jobs you think probably pay minimum wage and three jobs that you think do not.
2. Illustrate an increase in the minimum wage when both demand and supply are (a) relatively inelastic and (b) relatively elastic. Explain why the change in unemployment is smaller when the curves are inelastic.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.