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1.6 The labour market (A-level only)

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Question 23

The trade union in a manufacturing sector successfully negotiates a wage increase from W2 W_2\,W2​ to W3W_3W3​. All other things being equal, the level of unemployment in this labour market will increase by:

Wage LevelQuantity of Labour Demanded (DLD_LDL​) (thousands)Quantity of Labour Supplied (SLS_LSL​) (thousands)
W3W_3W3​6590
W2W_2W2​7285
W1W_1W1​8080

5,000

7,000

12,000

25,000

1.6 The labour market (A-level only) Questions

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  3. /1.6 The labour market (A-level only)