d. an increase in the expected price level 8。Which of the following shifts short-run aggregate supply right? a. an increase in the price level b. an increase in the minimum wage ___ d. more people migrate abroad than immigrate from abroad 9。
(70)___"That is assuming that consumer behavior would be,‘If they have more money,they'll spend more money,'"she said."That isn't always necessarily true.If we had a crystal ball,we could guess what consumer behavior would be in the future if a minimum wage increas...
Federal, state, and local governments can determine the minimum amount you can pay employees. Learn the answer to what is minimum wage here.
What is the impact of a binding minimum wage on the agricultural sector? We find that labour productivity growth matters for the agricultural sector. The results suggest that the agricultural sector output growth, the minimum wage and employment growth increase in response to positive shocks to ...
" said tipped worker and Yes on 5 advocate Grace McGovern. "We have watched the price of absolutely everything skyrocket over the past few years. And the only thing we have not seen increase is the price of our labor. Ending the subminimum wage for workers makes ...
Each state sets its own minimum wage, which may be higher than the federal minimum wage. On Jan. 1, the minimum wage increased in 20 states.
What are the positive effects of raising minimum wage? What are the negative effects of raising the minimum wage? What would be the impact of raising the federal minimum wage on a firm? What is the consequence of minimum wages? What are the effects of an increase in the minimum wage? Who...
What are some of the disadvantages of an increase in the minimum wage? What is the difference between a profit and a rent? What is 'remittance income'? What is the difference between real income and nominal income? What is the difference between saving and savings? What are the benefits of...
Cash wages imply compensation in the form of cash/money. On the basis of amount: Minimum wage Minimum wage is the minimum amount an employee must be paid by their employer. This is the lowest possible wage that ensures that the bare minimum food, clothing and shelter needs of the employee...
Also, if the wages of top earners of a company are tied directly to those of minimum wage employees in the same company in the form of a ratio, it is believed that the top managers will be incentivized to increase the minimum wage in order to get an increase in pay themselves. Proponen...