Let us imagine that a new regulation on holidays is proposed by the government that all workers

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Let us imagine that a new regulation on holidays is proposed by the government that all workers are to receive an extra four weeks pay per year, but that they may give up some or all of this extra pay to ‘buy’ holiday weeks. Explain why this might be more efficient than the current system. Can you think of any reason why it should not be implemented?

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Economics

ISBN: 978-1292187853

10th edition

Authors: John Sloman, Jon Guest, Dean Garratt

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