Birdwatch Note Rating
2022-12-12 03:45:33 UTC - HELPFUL
Rated by Participant: 1D697C951D511A8F8F162DC9955646733B83385C545E35FBFFA404DFA6530720
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Original Note:
Economists have competing models of minimum wage impacts on fast food prices, but all show increases. In the context of a 2022 min. wage law in CA, UC Riverside’s Chris Thornberg predicts a $22/hr rate would raise prices 20%, while UC Berkeley’s Michael Reich predicts 2.3%. https://finance.yahoo.com/news/law-could-raise-fast-food-130039773.html
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