The labour market

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Question 1
Medium

Which of the following is most likely to cause a decrease in a country's unit labour costs?

An increase in employers' national insurance contributions

An increase in labour productivity that exceeds the growth in nominal wages

A reduction in weekly working hours with no change in the weekly wage rate

An increase in trade union power leading to higher wage settlements

The labour market Questions

  1. A Level
  2. /Economics
  3. /The labour market