When the federal government sets a minimum wage that workers can be
paid, what purpose do you think they are serving?

Question

31-01-2021
Law

Answered

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When the federal government sets a minimum wage that workers can be
paid, what purpose do you think they are serving?

Sagot :

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topeadeniran2 topeadeniran2 · Answer 1 · 2021-02-05T12:45:46-05:00

topeadeniran2 topeadeniran2

05-02-2021

Answer: See explanation

Explanation:

A minimum wage is the lowest wage that is mandated by law for employers to pay their employees. The minimum wage is usually set by the government so as to improve equality and the standard of living of the people.

Minimum wage is also vital as it helps in the increase of the purchasing power of workers which thereby encourages economic growth.

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