What is the impact of a rise in national minimum wage on the labour market?

Minimum wage is a crucial topic in A-level micro economics and I thought it ought to be one of the questions prepared.

GM
Answered by Guangyao M. Economics tutor

2637 Views

See similar Economics A Level tutors

Related Economics A Level answers

All answers ▸

What are the causes of unemployment?


Describe and explain the main differences between Perfect Competition and Monopoly market structure.


What is the definition of fiscal policy and what are the main differences between an expansionary fiscal policy and contractionary fiscal policy


What is a budget deficit?


We're here to help

contact us iconContact ustelephone icon+44 (0) 203 773 6020
Facebook logoInstagram logoLinkedIn logo

© MyTutorWeb Ltd 2013–2025

Terms & Conditions|Privacy Policy
Cookie Preferences