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Answer this opinion question with facts and evidence presented in class and in the videos shown. Please answer by writing one paragraph. Question: SHOULD THE MINIMUM WAGE BE RAISED OR SHOULD IT STAY THE SAME? WHY??

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User Redzack
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Answer:

Raising the minimum wage on a regular basis helps families keep up with price inflation. Putting more money in the hands of people who will readily spend it helps the economy. Lower unemployment and higher wages increase tax revenues. When workers earn higher wages, they rely less on governmental “safety net” programs.

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User Franks CHOW
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