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From course:

Economics A Level (DONEEEEEEE)

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Question:

What are the Advantages of the NMW?

Author: eric_galvao



Answer:

-Bringing in an NMW will help those on Very Low Incomes and Reduce the Level of Poverty in the Nation -NMW can Boost the Morale of Workers as they get Higher Wages, leading to more productivity -NMW gives Greater Rewards for Doing a Job that pays the NMW. It gives an Incentive for People to Work -The Government's Tax Revenue will be Greater from the NMW


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