Economics Help??

Question

Hi, i need help with my Economics assesment.

Ive done the first question the second question asks, how wages and employment outcomes are currently determined in Australia?

I have about 60 pages of research to what seems a basic question. I just dont get what gets taken into account when deciding on the minimum wage. Inflation? Productivity?

Thanks

Answer 1

lack of workers skilled and semi-skilled; vis a vis higher targetd growth rate, labor laws,just check whether ther r lab unions, would b quite powerful then.......