Explain an economic idea contained in story


Assignment:

Link to article https://www.washingtonexaminer.com/democrats-officially-introduce-15-minimum-wage-bill/article/2624158

provide a summary of the article or podcast in the opening paragraph. In your second paragraph, you must explain an economic idea contained in this story. This should relate to something from the text book reading. Specifically, note how the economic idea plays a prominent role in the story. In the third paragraph, you must explain what you think about the events in the story. You do not have to agree with what is going on, but you do need to provide your reaction to it. This is your chance to express yourself: what are your opinions? Be sure to defend your position. Finally, what do you think is a Christian response to this situation? Provide details to support your view (in other words, do not just say "Christians wouldn't act the same way as economists"). Remember, you are expected to have two sources to support your post.

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Business Law and Ethics: Explain an economic idea contained in story
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