Explain the pros and cons of imposing a minimum wage in a country and illustrate your arguments by using a graph for labor market (amount of employees on the horizontal axis and the level of wage on the vertical axis).

Answers

Answer 1

Imposing a minimum wage is a complex issue with both potential benefits and drawbacks. Here are a few of the most commonly cited pros and cons:

Pros:

A minimum wage can help to reduce poverty and income inequality by ensuring that workers are paid a living wage. This can have positive effects on the overall economy, as low-wage workers are more likely to spend their income on goods and services, which can boost economic growth.

A minimum wage can also be a way to address market failures, such as the presence of monopsony power (i.e., a market dominated by one or a few employers) or the inability of low-skilled workers to negotiate higher wages.

Cons:

A minimum wage increase can lead to higher unemployment, particularly among low-skilled workers. Employers may not be able to afford to pay higher wages and may therefore lay off workers or choose not to hire as many new employees.

Higher wages can also lead to higher prices for goods and services, as employers may pass on their increased labor costs to consumers. This can be especially detrimental for low-income households, who may not be able to afford the higher prices.

What are the benefits and drawback of minimum wage?

Increasing the minimum wage can also lead to increases in worker productivity, due to employee morale and motivation.

It could harm young and unskilled workers, who could find it difficult to enter the labour market due to high wages for lower skill jobs.

Firms and small businesses might not be able to afford an increase in minimum wage and that can put pressure on the financial stability of the business and lead to more unemployment.

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Related Questions

Necesito ayuda en esto

Answers

Answer:

hay una clave de respuesta en algún lugar donde pueda encontrarlo

Explanation:

Answer:

hay una clave de respuesta en algún lugar donde pueda encontrarlo

Explanation:

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Art of the First Cities in the Third Millennium
Describe the artistic style of Mesopotamian artists by the third century BCE.

Answers

Answer:

At least It's not a link that's going to give a virus

Explanation:

What was “The Bridge”?

Answers

More context needed here

THIS IS THE FIRIGIN THIRD TIME MY SONGS GOT DELETED--anyway tell me wut ya think.....



JUST A RAP??
This is a weird rap, don't waste your time on this cr.ap
I cant even run a lap, and I'm bout to snap
I wanna take a nap, but recap I'll probably get sma.cked
Or maybe even hac.ked, guess it's a trap
I am also terrible at combat so please don't attack
Also who got Insomniac? I swe.ar it's whack
Your'e a copycat, but its okay Im'a maniac
Guess its a habitat, this is handicap...
By the way, how was your weekend?
Okay this is the end...


FOR MR. DUCKIE :)
Quack quack, Its Mr. Duckie
Quack quack, he is my buddie
Quack quack, he loves my huggie
We get in trouble together
And he has really soft feathers
Quack Quack, They feel like Heather's
We always have fun, And we will never be done
We like to sit and stare at the sun
Quack quack we always won
And the fun just begun


~TWO OF THE DUMMIES~
Two of the dumyies, both always make me smile,
They are sweater then honey, but only for awhile.
Both are the rhythm to my song, maybe I'm wrong.
The things they say aren't always clean, and sometimes they act like te.ens,
One looks like sixt.een, the other is just plain mean.
But they both are my aquamarine :')
I swe.ar the act g. ay but it makes my day
Practicing there flirting on me
Sometimes it hurts buts its okay
Two of the dummies both sweater then honey :)

Answers

I love it I love it I love it

I want the answer for this assignment and I will appreciate it if anyone help me
Thank you

Answers

Answer:

4

Explanation:

The cotton that grows in this climate
?​

Answers

Answer:

Cotton Cotton grows in warm climates and most of the world's cotton is grown in the U.S., Uzbekistan, the People's Republic of China and India. Other leading cotton-growing countries are Brazil, Pakistan and Turkey.

Explanation:

Cotton originated in hot, dry regions and prefers those conditions to achieve maximum production. ... Cotton therefore does best in areas with a long, hot season. The higher the average temperature (within reason), the faster cotton will grow and develop. The longer and hotter the season, the higher the potential yield.

I NEED HELP QUICK since im turning 11 ill give u 11 points Which statements about the Hudson River School paintings are true?
Choose all answers that are correct. A.They show landscape features more magnificent than they really are.

B.They are representational landscapes that show wild America.


C. They have contrast in size between foreground and background objects that create impressive scenes.

D. They show a flattened space that creates a shallow depth of field.

Answers

C. They have contrast in size between foreground and background objects that create impressive scenes.

D. They show a flattened space that creates a shallow depth of field.

I would like to know what type of narrator does Edgar allan poe use in "the oval portrait"

Answers

Answer:

The Oval Portrait” by Edgar Allan Poe is told in the past tense by a limited first-person narrator, the wounded man, who is also the main character.

Explanation:

'The Oval Portrait' (1842) is one of the shortest tales Edgar Allan Poe ever wrote. The story repays close analysis because of the way Poe offers his story as a subtle commentary on link between life and art

Which of these was one of the beliefs of an ancient Egypt

Answers

Where’s a photo or the choices ?
Where is the picture

Should I draw Charlie d’amelio next or Ariana grande?

Answers

Answer:

ARIANA

Explanation:

Answer:

Both

Explanation:

It'd be more fun to add both into one piece and you won't have to debate on what to draw because your doing both have fun though.

_____ originated in the Eastern Amazon region and has led way to reggae and salsa music. Question 10 options: Capoeira Choro Samba Carimbo

Answers

Answer:

Samba

Explanation:

Answer:

samba

Explanation:

Choose at least 2 techniques in doing art. (short bond parer) write a short reflection about your work after each art work.

Answers

Answer:

CULTURAL ART NOMADS ART , CAVES ART

What is depicted in the image above?

Answers

Answer:

I'm assuming "dudes and dudettes bathing in the sea" isn't the answer you're looking for, so I'll be serious. This picture is called "The Triumph of Venus", which depicts an iconic image of Venus, the goddess of beauty, who was born in the water and arrived on the land.

Naked adults and naked flying babies

Which of the following is true about Eero Saarinen?
A.
His early work is in the International Style.
B.
He won the competition for the Jefferson National Expansion Memorial in St. Louis.
C.
He designed a terminal for the Kennedy Airport in New York.
D.
All of the above.

Answers

I think D is correct
all of the above (D)

There can be no music without sound
True
O False

Answers

Answer:

false

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"There can be no music without sound.". Without sound music would not be possible. The statement is false.

What do you mean by Sound?

Sound is a vibration that travels as a mechanical wave across a medium. It is produced by a body that is vibrating.

Without sound, music would not be possible. Sound is the basis of all musical compositions. The opposite is not true, though; there are plenty of noises that are not musical. There is undoubtedly a distinction between musical and non-musical sounds.

Life without hearing can be quite difficult. One's safety is put at risk if they are unable to hear. No amount of sounds alerting him to impending peril will wake him up. Important signals that people need to hear include the sobbing of a young infant and the sound of a fire alarm, to name just two.

Therefore, The statement is false. Without sound music would not be possible.

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THIS IS MUSICAL THEATER ANSWER AS SOON AS POSSIBLE!

Answers

Answer:

wicked

Explanation:

dyodoktzpcupclx

Answer:

It's Wicked

Explanation:

...................

Convert to an improper fraction. Type in your answer with the negative in the numerator.

-11 1/3 =

Answers

Answer:

-11.3333333333

Explanation:

use a calculater. :)

Based on the movie cover and summary, would you have seen this movie when it came out in 1981? Why or why not?
The movie (Indiana Jones and the Raiders of the Lost Ark)

Answers

Answer:

Probably not because I haven't seen one of the movies nor was I ever interested into it.

Explanation:

imagine yourself in a situation where you saved peoples lives by a heroic act . Write a diary entry​

Answers

Dear Diary,

Once, a community caught fire and I went to collect milk from there as usual. All the locals were busy fleeing the fire, honestly I was scared. Suddenly I realized that there was a child in the house that's when I jumped into action and saved the child somehow.

What is diary writing?

A diary is a written or audiovisual record containing discrete entries arranged chronologically that reflect what happened on one day or another time. Diaries used to be handwritten, but are now routinely digitized. A personal diary may contain personal experiences, thoughts, and/or feelings, but may not contain comments on current events unrelated to the author. Many aspects of human civilization depend on journals such as government records (such as Hansard), trade books, and military records. In British English, the phrase can also refer to the printed magazine format.

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What elements does artwork "The Child's Bath" by Mary Cassatt have And how are they used

Answers

Answer:

In The Child's Bath, Cassatt used a style called Japonism. The overhead perspective and the subject matter were mainly inspired by Japanese woodblocks. The painting shows dignity in motherhood. The artist painted the faces in the painting to recede into space as a way of indicating depth.

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questions.

What art was each of the three kingdoms known for?

Answers

The Silla Kingdom is known for creating the martial arts. Wall painting was a significant Goguryeo art. The Baekje kingdom made a significant artistic contribution with its exquisite landscape paintings on tiles.

What are the 3 ancient kingdoms of Korea?

The Three Kingdoms (c. 57 BCE–668 CE), when the Korean peninsula was controlled by three kings, is the first significant period of Korean art in recorded history. Geographically and culturally, the Kogury kingdom was the farthest north of the three (tradition dates it from 37 BCE to 668 CE). The Kogury kingdom, which was first founded in southern Manchuria, had a way of life that was based on the characteristically austere cultural patterns of northern Asia and developed in an area distinguished by a lack of arable land and a harsh environment. The Paekche kingdom, which is conventionally dated from 18 BCE to 660 CE, was centered in southwest Korea, south of Seoul in modern times. It was at a location that was conducive to absorbing influences from other cultures. Chinese influences were so welcomed and openly incorporated into Paekche art. The Kogury dynasty was responsible for introducing northern Chinese cultural aspects while the navigable East Asian seas were easily able to transport southern Chinese influences. The oldest monarchy was that of Silla, which is typically dated from 57 BCE to 668 CE. Originating in the present-day Kyngju, it gradually spread to encompass the majority of southeast Korea east of the Naktong River. The mountain-secluded triangle that made up the Silla kingdom's original domain, now known as the Kyngsang-puk province, is mentioned occasionally as a possible explanation for the originality and conservatism of its art.

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Complete question:

What art was each of the three Korean kingdoms known for?

How much information should go on each note card?

one word per card

just the source information

only one fact or thought per note card
PLZ HELP

Answers

I think just the source of information

Answer:

Answer: Only one fact or thought per note card hope this helps :D

Explanation:

Who tells the scarecrow he would be smarter than most men if he had a brain? In the wizard of Oz

Answers

Answer:

I believe it was Dorothy

Explanation:

At the crossroads, she meets the Scarecrow. he gives her directions on how to take him down and she Free's him immediately. the scarecrow is upset because he cannot do his job and is a failure because he doesn't have a brain. he even tells her that some people without brains do a lot of talking -- thus showcasing his knowledge and wisdom for a second time. after explaining that he would even risk a box of matches for a brain, the scarecrow asks her If he could go with her to Oz to ask the wizard for a brain.

n The Wonderful Wizard of Oz — He tells her about his creation and of how he at first scared ... he was a straw man, causing the other crows to ... then told the Scarecrow of the importance of brains.

Qual o significado do termo palhaço?

Answers

Um, clown is someone who dresses as a clown () to entertain people as a job or it could be clown as in someone who you don’t like and you just call them that cuss you’re angry or smth

Identify which of the following statements are premises, sub-premises, rebuttal premises, and which is the conclusion:
(Note: Be sure to choose the answer that corresponds with the order in which a premise is presented)
Teaching children how to read is important. If one knows how to read, then they will be better prepared for life. Being better
prepared for life will help one succeed. Statistics show that those who are better prepared for life have a much greater chance
of being happy and satisfied. Now, it is true that teaching someone how to read can be a daunting task, but it is well worth the
little bit of extra work since it leads to a greater chance of success.
h
V
If one knows how to read, then they will be better A Premise 1
prepared for life
B. Conclusion
Teaching children how to read is important.
C. Sub-Premise
Statistics show that those who are better prepared for life
· Premise 2
have a much greater chance of being happy and
satisfied
Rebuttal Premise
E. Now, it is true that teaching someone how to read can be
a daunting task, but it is well worth the little bit of extra
work since it leads to a greater chance of success.
Being better prepared for life will help one succeed.
E.
Click Save and submit to save and submit Click Save All Answers to save all answers.

Answers

Answer:In this chapter, we review research on the process of reading and what happens as children become readers. First, we outline how children develop language and literacy skills before they begin formal reading instruction. We then describe skilled reading as it is engaged in by adults and continue by describing how children develop to become readers.

Explanation: If that's not the answer I'm sorry

Morgan is preparing a graphic design portfolio for a client. Which benefit is likely to result from using a portfolio?
A.
shows that the applicant is a hard worker
B.
demonstrates that images tell stories
C.
wins the confidence of the client
D.
provides documentation of work

Answers

C) wins the confidence of the client

Using the graphic design portfolio, which is designed by Morgan will win the confidence of the client. Hence, Option C is correct.

What is a portfolio?

There are various types of portfolios. Basically, a portfolio is designed in a form of a flat case, which is loaded with loose sheets of paper or a combination of investments or samples of completed works. For instance, portfolios of an artist, portfolios for financial investments, graphic design portfolios, and many more.

When there is a portfolio, which is in the form of a visual representation in which all that work which is accomplished so far and symbolizes what is expected by one to achieve in the future, is known as the graphic design portfolio. In the present world, which is full of competition it is required to carry a portfolio that displayed the work that is done by an individual and it also maintains confidence.

Thus, Option C is correct.

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What are some of the forces at work on American English today?

Here are some 5ree p01nts

Answers

Answer: Answers are below....

1.) There are several factors nowadays that are transforming the way we use English. One of the clearest ones is online communication. This type of communication tends to be fast, and it has led to the adoption of shortcuts, such as acronyms and abbreviations that operate as words. Moreover, the internet has allowed us to interact with people all over the world, and these different cultures have impacted our language. Finally, we can observe the influence of pop culture, which makes some words more acceptable and popular than others.

2.) Internet slang, text and online communication, other languages being spoken by and around people who speak English.

Explanation:

PLZZZZZZZZZZZZ HELP ME PLZZZZZZZZZZZZZZ

What kinds of details should you include on your note cards?
You should include all of the source information you can find.

You should only include the Web address for online sources.

You should include the name of the library where you found the source.

You should only include the name of the book or magazine.

65 POINTS

Answers

Answer:

you should include all of the source information you can find on your note cards

Explanation:

because it is better with all of them together and it will be better too, and better too explain

You should include all of the source of information you can find

What is the purpose of the standard for judging art?
To discourage artists from trying new things
To tell the difference between visual and performing arts
To make sure that all critics are looking at the same qualities
To require artists to follow the established rules for their type of art

Answers

C, you can judge on various things but in order to judge on a scale, an scale is needed. This isn’t to discourage an artist but to have them learn and grow. The judge can tell the difference between visual and performing arts because it’s what’s produce. The standards are not rules for their type of art, humans tried that once and everything about art is pushing boundaries. Thus, c to ensure quality critiques are being judged on different traits can be comparable.

Answer:

their right its c

Explanation:

Abstract art can be more difficult to interpret than realistic images.
True
False

Answers

The correct answer is A: true

Abstract art is based on colors, shape language, and relation to other things around it than realistic that relies on subjects to get the message across. Thus, due to someone being able to describe an image with “the one with the dog and human waking down the street” than the “jagged orange and red” is clear from even the distinctive feature of the artwork makes abstract art difficult to interpret the meaning the artist was getting at. True
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