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Minimum Wage and Poverty Levels

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Should the United States pass a minimum wage that assures all workers earn a wage above the poverty level?

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The expert determines if the United States should pass a minimum wage that assures all workers earn a wage above the poverty levels. The response addresses the query posted in 464 words with APA references.

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The response addresses the query posted in 464 words with APA references
//This section illustrates the impact of the implementation of a minimum wage law in the US. Such a step will greatly affect the profitability levels of the businesses and the employment level in the economy.//
The United States (US) economy can be divided into a number of separate sections depending on the wage or income levels. The three broad categories can be namely the high-income group, middle-income group and the low-income group. People from the high-income group and the middle-income group are able to afford themselves a comfortable living and a reasonable standard of well-being. However, the government has to take some relief measures, time and again, in order to allocate the national wealth in an equitable manner so that even ...

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Ashish Sharma, MBA (IP)
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  • MBA (IP), International Center for Internationa Business
  • BBA, University of Rajasthan
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