What is the relationship of labor supply and business cycles?

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3-5 pages in length

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Use 2 academic sources and site them properly using APA
Choose one of the following:
1) What is the relationship of labor supply and business cycles? You may discuss discouraged
worker effect and added worker effect. In your discussion, you should also talk about
unemployment rates, labor force participation etc.
2) Discuss minimum wage. Would you support or not support an increase in minimum wage. Why
or why not? Use 2 academic sources to support your claim.
Grading Criteria
Points
Grammar/clarity/writing style 30 points
2 academic sources/citation 10 points
Logical organization/easy to follow 30 points
Articulation of argument/relevant evidence 30 points
Total 100 points