Section Page Introduction 3 1 Economic efficiency of minimum wages 3 - 4 2 The effect on unemployment 4 3 The effect on use and price of capital in production 4 4 The effect on salute of production and inflation 4 5 The effect on productivity 4 6 The effect on multinational competitiveness 4 7 The consequence for long-term sustainable economic growth and stability 4 - 5 8 The social consequence 5 9 Wage indication 5 10 Suggestions on dealing wi th unemployment 5 11 Literature consulted 5 Introduction Minimum wage preservation was introduced in other countries as far back as 1894 in New Zealand followed by Australia in 1896, United soil in 1909 and North America in 1912 (WordIQ (Online), http://www.wordiq.com/ translation/Minimum_wage venerable 10); common to all of these introd...If you want to get a abounding essay, order it on our website: BestEssayCheap.com
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