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Minimum Wage


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       1. federal                                              6. salary















                      of or relating to the national government.                   The money paid for employee services
       2. Hourly                                               7. straight        Pays a certain amount per sale and
        Wage                                                    commission        includes a base and a rate but not a
                                                                                  salary

                                                               8. unemployment











                       An amount of money paid each hour to                          the number of people without jobs
                   compensate an employee for the amount of time
                             he/she spends working.            9. wage
       3. minimum









                           the smallest possible amount
       4. piece                                                                       An amount of money paid to an
        work                                                                        employee at a specific rate per hour
                                                                                                worked.
                                                               10. What are some  - Higher skilled get paid more
                                                                examples of wage  -Different regions
                                                                differentials?    -Trade unions
                                                               11. What are wage  The differences in wages between
                                                                differentials?    different groups of workers in the same
                   a worker paid a fixed rate for each unit produced              occupation
       5. propose                                              12. What determines  Market Forces
                                                                wages in the
                                                                labour market?
                                                               13. What does it   The amount of money that people are
                                                                mean by nominal   paid not accounting for inflation
                   to suggest an idea, plan, etc. for people to think  wages?
                                    about
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