Bellringer1. List 4 jobs you could do without any special skills

2. List 4 jobs you could do that require skills, licenses or education

3. Get out your notes on price ceilings4. Continue them on the back and title today’s

Cornell notes: Price Floors

Types of labor• Skilled labor: require skills, licenses or education• Salary?• Give 3 examples

• Unskilled labor: lower human capital, physical, entry level

• Salary?• Type of person?• Give 3 examples

Who are you right now? In 10 years?

Students, low skilled immigrants, uneducated

Professionals, skilled immigrants, educated

Germany lacks a min wage

Around the World

#5 OPTIC

Minimum Wage Graph• Price floor on unskilled labor market• Subway test, • $25/hour, • $15/hour, • $10/hour,• $7/hour, • $5/hour

Partner debates

• Pro vs. Con – raise the minimum wage to $15

• Pro vs. Con – keept farm price floor (cheese & milk)

• Pro vs. Con –create a hard alcohol price floor

Fish bowl Debate Rules: 20 point assignmentwinners +5 QE

• Remain civil, no name calling, no “that’s stupid”• Everyone must talk to earn full points• No straight up reading off notes• 1. “Why we are right”

2. “Why they are wrong”

Non debaters will grade debaters and decide who wins

Sit with your partner and review your notes from yesterday

• Pro vs. Con – raise the minimum wage to $15

• Pro vs. Con – keep farm price floor (cheese & milk)

• Pro vs. Con – create a hard alcohol price floor

Pro - $15 Minimum Wage

Con- $15 Minimum Wage

Pro – Keep price floor on milk/cheese

Con– Keep price floor on milk/cheese

Con– Create price floor on hard alcohol in USA

Pro – Create price floor on hard alcohol in USA

If you miss Monday - 20 points

• 4 paragraph essay on your side of the price floor

• Paragraph 1 – introduction to the issue• Paragraph 2 – why your side is right• Paragraph 3 – why the other side is wrong• Paragraph 4 – what the reader should think

about this debate

On your paper for the debate

1. What good points did the “Pro” group make?2. What good points did the “con” group make?3. Who do you think won and a reason why.4. Who do you think won your debate and why.