Use the economic way of thinking to answer three of the following four questions. Be sure to answer each in at least two complete sentences. Provide page references to CSE and other learning materials when appropriate.
What impact will a higher minimum wage have on the employment and unemployment rate of low-skill workers such as teenagers?
What is inflation? What are its primary causes?
How does money of stable value influence the volume of trade?
How will high and variable rates of inflation influence the income levels of people?