read the transcript or listen to the conversation and answer the following questions.
Should tips be included in earnings in considering the minimum wage that firms must pay workers?
Should tips for restaurant workers and taxi drivers be abolished? What is the practice in other countries?
Would increasing the minimum wage tend to increase the prices of goods and services produced with lots of low skilled labor? If so, who would be affected, ie, who would pay higher prices?
What could explain the higher growth rates in restaurant jobs in states that raised their minimum wage between 2011 and 2016 (cited by Jayaraman)? Is it plausible that doubling the minimum wage would have no effect on the number of minimum wage jobs? Is Jayaraman’s explanation convincing, that the higher minimum wage increased spending and this increased the demand for restaurant meals and restaurant workers enough to increase the number of low wage restaurant jobs?
Are menu prices at McDonald’s and other fast food chains the same all over the US?
Is raising the minimum wage likely to decrease turnover, the way wage increases by the firms Jayaraman cites led to decreases in turnover?
If the government decides to transfer money to the poor, should the transfers be in cash or in food stamps and housing subsidies that favor certain types of consumption?