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3.7 Supply side policies

3.7 Supply side policies

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Question 7

Why may reducing unemployment benefits increase labour supply?

[1]
A

It increases the reward from remaining unemployed

B

It guarantees a job for every claimant

C

It may increase the incentive to seek paid work

D

It raises the wage paid by every firm

Markscheme

3.7 Supply side policies Questions

  1. GCSE
  2. /Economics
  3. /3.7 Supply side policies

29 exam-style questions on OCR GCSE Economics 3.7 Supply side policies, covering 3.7.1 What are supply side policies and 3.7.2 Costs and benefits of supply side policies. Each one has a worked solution and a mark scheme showing where the marks go.

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