Which States Have Raised the Minimum Wage?

The video discusses the challenges of raising the federal minimum wage from $7.25 to $10.10, as proposed by President Obama, and the political hurdles it faces with Republican control of the Senate. It highlights that wage increases are more likely to occur at state and city levels, with cities like Chicago, San Francisco, and Seattle already raising wages. The economic impact of these increases is mixed, as it can boost the economy by putting more money in people's pockets but may also lead to job losses for some workers. The video concludes that there is no clear answer to the right wage level.

What was the federal minimum wage set at in 2009?

• $10.10

• $7.25

• $8.50

• $9.25

Which of the following cities is mentioned as having increased its minimum wage to the mid-teens?

• Miami

• Los Angeles

• Chicago

• New York

What is one potential positive effect of raising the minimum wage?

• Increased unemployment

• Higher consumer spending

• Lower inflation

• Decreased productivity

What is a potential negative impact of increasing the minimum wage?

• Increased job opportunities

• Decreased consumer spending

• Higher inflation

• Job losses for some workers

Why is it difficult to determine the 'right' level for the minimum wage?

• It is set by the federal government

• There is no clear answer

• It is the same across all states

• It only affects a small number of people