Question: Minimum Wage: is it a Floor or a Ceiling? Draw a Chart of Minimum Wage with Current Minimum Wage @ current $7.50 and then with

Minimum Wage: is it a Floor or a Ceiling? Draw a Chart of Minimum Wage with Current Minimum Wage @ current $7.50 and then with 15 $ and then draw outline the result. Write a few sentences describing what Happens. Rent Control: Is it a Floor or a ceiling? Draw a chart of Rent Control set at $500 with free market clearing equilibrium @ $800. Describe in a few sentences the effects of rent control

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