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What is a example of a government policy?
An example of a government policy is the implementation of a minimum wage law, which establishes the lowest hourly wage that employers can pay their workers. This policy aims to ensure fair compensation, reduce poverty, and promote economic stability. By setting a minimum wage, the government seeks to improve the standard of living for low-income workers while balancing the interests of employers and the economy.
What has the author John P Formby written?
John P Formby has written: 'Minimum wages and poverty' -- subject(s): Poverty, Poor, Government policy, Unemployment, Effect of wages on, Minimum wage, Wage-price policy, Employment
Who sets the minimum wage?
Government, via legislation.
When the government sets a price floor on earnings it is called what?
Minimum wage.
How can the government affect the wage of workers?
By increasing or decreasing the minimum wage.
Where should a minimum wages poster be located in a company?
The minimum wage is determined by the federal government and can be exceeded by the state government. It is public information. Employers are not required to post notices about the minimum wage.
What is a example of a government price control?
minimum wage
What is the minimum wage in Philippine?
The minimum wage in Metro Manila is $4.02 per day. But this varies depending on industry. There is an article about it here: http://cebuexperience.com/living-in-the-Philippines/philippine-government/minimum-wage-in-the-philippines/
What is the current minimum wage in New York State?
The current minimum wage in New York State is $7.25 USD an hour. This meets the bottom threshold of the minimum nationwide wage set by the United States Federal Government.
Which selection is an example of a government price control?
minimum wage
What branch of government decides what the minimum wage should be?
Congress
What is it called when the government sets a price on earnings?
Minimum wage.
