Well, the government is considering to cushion its effect either through ushering palliative of about $10 each to all citizens or increasing minimum wage to $250 that is the nation's per Capita income.
10$ palliative is nothing because it only has a positive effect in the short but increasing minimum wage to 250$ would be better because of its long run effect still inflation is ravaging at the corner.
Well, the government is considering to cushion its effect either through ushering palliative of about $10 each to all citizens or increasing minimum wage to $250 that is the nation's per Capita income.
What do you think about these measures?
10$ palliative is nothing because it only has a positive effect in the short but increasing minimum wage to 250$ would be better because of its long run effect still inflation is ravaging at the corner.