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Economics

Student Videos

Synoptic Economics: Impact of Higher Minimum Wage

Level:
A Level
Board:
Edexcel

Minimum wages are a favourite topic for synoptic questions because changes in pay floors affect individual people, businesses and industries whilst also have an impact on aggregate demand and supply. This short revision video distinguishes between some of the possible micro and macro impacts and give four evaluation arguments to support the analysis.

Synoptic Economics: Impact of Higher Minimum Wage

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