Assignment Task: Report
You should answer the question in report form with introduction, main body
The chancellor said employers would be forced to pay staff a minimum
of Â£7.20 an hour from next April 2016, and raise wages by 6% a year on
average to around Â£9 an hour by the end of the year 2020.
1. How this changes in the minimum wage, could possibly affect the
2. What will be the macroeconomic effects, of minimum wage change
in the economy?