Ask Question
26 February, 15:03

What would be the immediate impact on the economy if the minimum wage were raised higher than worker productivity?

+5
Answers (1)
  1. 26 February, 17:31
    0
    That would increase prices for everything dramatically and would cause small restaurants to go out of business, and business would switch from hiring people too robots because it would be cheaper after that employment would decrease.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “What would be the immediate impact on the economy if the minimum wage were raised higher than worker productivity? ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers