Introduction
The proposed research topic is on the effects of raising the minimum wage of workers at the world’s largest fast food chain – McDonalds. There has been a stir among researchers about the feasibility of this proposal ever since President Barack Obama and the liberal party made raising the minimum wage one of their focused agenda. Experts in the field of economics have divided opinion over the matter and no solid conclusion could be made regarding the matter (Conservative Tribune, 2014; Shin, 2013; Ticker, 2013; and Weissmann, 2014).
It is due to this divided opinion that a research such this is ...