Give salary subsidies to firms that hire the less-advantaged

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Reference no: EM1336222

Suppose the U.S. government is considering changes in economic and social policy to reduce wage inequality.

Evaluate whether the following will help:

(a) Decrease the benefit level to welfare recipients.

(b) Increase the benefit level paid to welfare recipients.

(c) Provide wage subsidies to firms that hire the less-advantaged.

(d) Initiate a federal training program the raises the skills of poor individuals.

(e) Pass a law mandating that all workers must be paid a "living wage," which means that all wages must be sufficient to support a family of four financially.

 

Reference no: EM1336222

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