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2 marksWage Differentials

CAPE Economics Unit 1 · 2010 · Paper 2 · Question 6(b)(i)

Explain the role of governments in the determination of wage rates.

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Other parts of this question

  1. 6(a)With the aid of a competitive labour market diagram, discuss how wage rate and employment level are determined in a labour market, including demand and supply…[19 marks]
  2. 6(b)(ii)Explain the role of trade unions in the determination of wage rates.[2 marks]
  3. 6(b)(iii)Explain the role of employers' associations in the determination of wage rates.[2 marks]

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