The Government had implemented minimum wage of RM1,200.00 in 57 cities and towns effective 1 January 2020. Describe how the new wage will benefit employees in the urban areas. Discuss the consequences to the economy of Malaysia

Microeconomics A Contemporary Intro
10th Edition
ISBN:9781285635101
Author:MCEACHERN
Publisher:MCEACHERN
Chapter12: Labor Markets And Labor Unions
Section: Chapter Questions
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The Government had implemented minimum wage of RM1,200.00 in 57 cities and towns effective 1 January 2020.

  1. Describe how the new wage will benefit employees in the urban areas.
  2. Discuss the consequences to the economy of Malaysia
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