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
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The price of coffee beans rose from $1.15 to $1.40 between June and August 2017. A possible cause of this rise is: a) Improved weather conditions in coffee-growing countries; b) An increase in national minimum wage in coffee growing countries.
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