nurese wages

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Title: nurese wages

Essay Details:

Subject: Miscellaneous

Author: Josephine D

Date: October 2, 2015

Level: University

Grade: A

Length: 2 / 546

Essay text:

It was the trade-off between hard work and higher wages that drove this move. There are two broad reasons for a government to intervene in the economy—to promote efficiency and to promote equity. This falls under the seventh economic principle that “Governments Can Sometimes Improve Market Outcomes”. Higher wages for nurses could help solve the nursing shortage and government intervention could be justified to do this. With patient care suffering when there is a nursing shortage, it is in everyone's best interest to see that they are paid reasonably well. The government of the state you select could institute a minimum wage for nurses that would prevent hospitals from colluding to keep their wages low...

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