2. Who determines the minimum wage in a particular geographical area? How is the mini- mum wage determined?

Ramin Bateni asked May 8, 2022

371,077 views

9 votes

2. Who determines the minimum wage in a particular geographical area? How is the mini-

mum wage determined?

Ramin Bateni asked May 8, 2022

2.7k points

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11 votes

Answer:

The federal government sets a standard minimum wage that applies to all employees.

Minimum wage rates are determined by factors such as poverty threshold, prevailing wage rates and socio-economic indicators.

Typel answered May 12, 2022

by Typel

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