Impact On Living Standard Flashcards

1
Q

Impact of living standards

A

Minimum wage
Gov payments
Tax
Gov funds

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2
Q

Minimum wage

A

Employees base rate of pay for ordinary hours work
Current min wage 19.49

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3
Q

Gov payments

A

State and federal government use tax as repayments to low income workers

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4
Q

Taxation

A

Contribute to revenue in a fair and equitable manner

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5
Q

Gov funded services

A

Education health fire police

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