answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: How would the lowering of employee wages and a decrease in benefits affect the economy?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Effects of technology on national economy?

technology benefits and also create problems in an economy. technology used wisely will add growth and development to an economy and if used in an unwisely manner will decrease the speed of growth and development.


What kind of benefits do people receive in a market economy system In a command economy system?

are the benefits do people


What kinds of benefits do people receive in a market economy system in a command economy system?

are the benefits do people


The new deal involved attempts to stimulate the American economy by what?

Lowering taxes.


War and military build-up help the economy of a country by lowering what?

Unemployment


How can lowering taxes stimulate the economy?

Businesses spend more and increase employment.


Why your country needs more entrepreneurs?

By having more entrepreneurs features include; more money in the economy, employment rate will decrease, people getting paid and social benefits such as wealth creation.


How do the cordilleras affect transportation in Columbia?

It would decrease economy in social and political economy


What are some benefits of shopping at local businesses?

Local business are run by local people. Shopping at local businesses means that you get to meet the local people that run the businesses. By supporting your local economy, you are probably lowering your own taxes, too.


How is fiscal policy controlled?

Taxes, and government spending. Increasing taxes will decrease consumption and supply. Lowering taxes will increase consumption and supply. Increasing government spending will increase national consumption, and decreasing government spending will decrease national consumption. The economics AD-AS model shows a visual representation of the effects of fiscal policy on the economy if you are further interested.


If disposable income increases in a economy what can be true?

savings decrease


What are some benefits the informal economy provides?

i can get this