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Democracy 3 free mac1/19/2023 ![]() ![]() They found that the higher cost of labor that results from increasing minimum wages gets passed on to consumers in the form of more expensive Big Macs. counties with a McDonald’s in every year. The two economists collected survey data on the price of a Big Mac (including sales tax) and wage rates of basic hourly workers above the age of 18 from at least 90% of U.S. That’s according to new research by Orley Ashenfelter, a Princeton University economist, and Štěpán Jurajda, an economist at Charles University in Prague. In fact, as a result of the nearly 300 minimum-wage increases that took place between 20, many McDonald’s restaurants paid workers slightly above the new minimum wage to retain employees.
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