Even complicated and confusing topics will be easily developed and covered if you request our help writing an essay. Place an order today!

Critical Inquiry Goal: Demonstrate a knowledge base to ask more informed questions and

learn more complex concepts.

Search Google News for either “minimum wage,” “rent control,” or “externalities.” Read an article

or two on one of those key words. Write 1-3 paragraphs then include the answers to one set of

questions below (choose either Minimum Wage or Rent Control or externalities questions). You

will need to use your textbook and/or your lecture notes to evaluate the statements in the article.

Minimum Wage:

1) Does the article support an increase in minimum wage? Why or why not?

2) According your textbook and/or lecture notes, who benefits from a minimum wage increase and

who suffers from it? How?

3) Do the statements in the article align with your textbook and/or lecture notes? Explain.

4) Why would a politician favor a minimum wage increase? Cite an example.

5) What do you think the minimum wage would be if it was set by economists with the goal of

helping the poor? Explain your answer using what you have learned about supply and demand.

Rent Control:

1) Does the article favor rent control? Why or why not?

2) According to your textbook and/or lecture notes, if rent control is implemented, what happens

to the number of apartments available and the quality of apartments after a couple of years? Do

the statements in the article align with your textbook and/or lecture notes?

3) Does economic theory suggest that rent control helps the poor? Explain.

4) Does rent control increase or decrease discrimination based on race, gender, age, # of children,

etc.? Explain using economic logic.


1) what examples of externalities does the article use? Briefly explain why they are

positive/negative externalities.

2) According to your textbook and/or lecture notes, what are the consequences of positive/negative


3) How can we remedy market failure caused by externalities? Is the solution mentioned in the

article a public policy or a private solution?

4) What is Coase Theorem? Use an actual or hypothetical example of how negotiation between

interested parties can solve the problem of externality and lead to an efficient outcome.


“Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!”

testimonials icon
Find the minimum value for the following quadratic equation.f(x) = 3x2 + 6x -­ 1B. (­-1, ­-4)...
testimonials icon
Reply to:  Replies to Juan Gallegos Hello, thank you for sharing the information that you found to be most relevant while stud...
testimonials icon
400-600 WORDS WITH REFERENCE AND NO PLAGARISM In one of your initial meetings with the chief executive officer (CEO), she asked you...
testimonials icon
Write me a cover letter for a job applicable for kitchen hand, cleaning and retail  ...
testimonials icon
A essay about honesty 8TH GGRADE LEVEL 3 body paragrahphs intro paragragh and conclusionIs this the question you were looking for? Place...
testimonials icon
ASHFORD SOC 313 Week 4 Case Study Analysis...
testimonials icon
what is the charge on a typical ion for 1A ?...
testimonials icon
 research and develop a presentation discussing predictive  maintenance principles. Items to consider during your research include  the d...
testimonials icon
1. The highest potential points for in-class participation are 5-points. Please use these guidelines for online  participation. To...
testimonials icon
/*! elementor - v3.6.5 - 27-04-2022 */ .elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading...

Other samples, services and questions:

Calculate Price

When you use PaperHelp, you save one valuable — TIME

You can spend it for more important things than paper writing.

Approx. price
Order a paper. Study better. Sleep tight. Calculate Price!
Created with Sketch.
Calculate Price
Approx. price