Minimum, Maximum and Living Wages Flashcards
1
Q
Governments Intervene in the labour market to Correct Market Failure
A
page 122
2
Q
The National Minimum Wage (NMW) aims to make wages fairer
A
page 122
3
Q
It can be argued that introducing a NMW leads to Unemployment
A
page 122
4
Q
Introducing a NMW can have a number of Advantages
A
page 123
5
Q
Introducing a NMW can have a number of Disadvantages
A
page 123
