The government raises the minimum wage from $7.25 to $10.00 per hour. What is the effect on the job market (number of jobs, people demanding jobs etc)? How will it affect the prices at fast food joints?   1. What has happened that has you concerned as an economist (explain the scenario)  2. what two main products(or area) are you watching as this event unfolds?  3. Graph the effect in a supply and demand graph  4.What will be the effects of this event on our society?

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