economy. The minimum-wage debate failed to dictate employers on who to hire. Increasing the cost of low-skilled labor encourages businesses to shed less productive employees. By raising the Earned Income Tax Credit by a couple of billion dollars a year, one would help alleviate poverty.Berman...
___ (鉴于大多数经济学家认为) that raising the minimum wage is bad for our economy, do you think it is wise to keep increasing the minimum wage?相关知识点: 试题来源: 解析 正确答案:Given that a majority of the economists feel解析:“鉴于”given that;“大多数”a majority of,也可以用most。
President Obama continues to press his case for an increase in the federal minimum wage, saying it would put more money in the pockets of consumers and businesses.Mar 6, 2014 embed code copied Live Now CBS News 24/7 CBS News Baltimore CBS News Bay Area CBS News Boston CBS News Chicago...
"Considering current trends in the economy, the growth of which is slowing down, it is essential to leave more money in people's pockets. And a rapid raise of nontaxable minimum income will help do just that," said Krisjanis Feldmanis, an MP of the New Conservative Party. He added that...
At the same time, it could potentially cause job losses, inflate prices, and burden small businesses. The effects largely hinge on the scale of the rise and the prevailing economic conditions. Is Minimum Wage the Same for All Workers?
effects of raising the minimum wage in the labor market Jiahui Liu Introduction Recently, I heard that Barack Obama wants to raise the minimum wage to $10.20 per hour instead of $9.00 per hour. For people who don’t know what the minimum wage is, according to Nielsen (2012), the ...
Was minimum wage meant to be a living wage? How to deal with effects of a minimum wage increase Key takeaways First, why do we have a minimum wage? Back in the 1930s, the minimum wage was established to help protect the post-Depression economy. Now, we keep the minimum wage to prote...
What is an example of a government-imposed price floor besides minimum wage? What are the harmful implications of monetary expansion? What negative effects did the financial meltdown in the United States have on the economy domestically and globally? What are some of the negative impacts that mig...
While raising the minimum wage will result in fewer jobs, it increases the income of individuals and families that rely on minimum-wage jobs. This results in a higher standard of living, which can boost the economy, although the loss of jobs may somewhat offset the boost. If inflation does...
Wage hikes help everyone Perhaps the principal reason that the minimum wage increase did not seem to have a negative effect on the restaurant industry in New York is that the state’s economy isstrong overall, so businesses have been able to absorb the increases without having to make hard ...