With reference to one of the following announcements in the revised 2021-2022 budget, undertake a critical appraisal with respect to : a) economic effects ; b) feasibility ; c) scope for enhancing its effectiveness. Increase in the national minimum wage rate to $4 per hour by January 2023 Removal of fuel duty of $0.20 per litre Removal of VAT on 21 basic consumer items
With reference to one of the following announcements in the revised 2021-2022 budget, undertake a critical appraisal with respect to : a) economic effects ; b) feasibility ; c) scope for enhancing its effectiveness. Increase in the national minimum wage rate to $4 per hour by January 2023 Removal of fuel duty of $0.20 per litre Removal of VAT on 21 basic consumer items
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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With reference to one of the following announcements in the revised 2021-2022 budget, undertake
a critical appraisal with respect to : a) economic effects ; b) feasibility ; c) scope for enhancing its
effectiveness.
Increase in the national minimum wage rate to $4 per hour by January 2023
Removal of fuel duty of $0.20 per litre
Removal of VAT on 21 basic consumer items
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