Wages, Mobility, Intervention, and Other Issues (Edexcel A-Level Economics A): Quizzes
📚Quizzes
Practise the questions
10 questions from this quiz
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Practise the questions
10 questions from this quiz
What are the two key dimensions of labour mobility?
What are the two key dimensions of labour mobility?
Geographic & occupational
Which factor creates a barrier to geographic mobility between Newcastle and London?
Which factor creates a barrier to geographic mobility between Newcastle and London?
High London housing costs
Why did substantial migration from Poland to the UK occur after 2004?
Why did substantial migration from Poland to the UK occur after 2004?
Wage differentials & UK productivity
What is the free-rider problem in worker training?
What is the free-rider problem in worker training?
Firms poach trained workers from others
Which is NOT an objective of minimum wage policy?
Which is NOT an objective of minimum wage policy?
Reduce trade union power
What happens when minimum wage is set above equilibrium in perfect competition?
What happens when minimum wage is set above equilibrium in perfect competition?
Unemployment increases
What was the national living wage rate set at in November 2022?
What was the national living wage rate set at in November 2022?
£10.42
When labour supply increases with inelastic demand, what is the main effect?
When labour supply increases with inelastic demand, what is the main effect?
Larger quantity increase
Which is NOT one of the six capitals in the levelling-up agenda?
Which is NOT one of the six capitals in the levelling-up agenda?
Natural capital
How did long-term sick numbers change from mid-2019 to mid-2022?
How did long-term sick numbers change from mid-2019 to mid-2022?
Increased by 22.5%