A fall in demand for printed newspapers reduces demand for printing workers. At the same time, many printing workers retire. Which outcome is uncertain?
The demand for printing labour falls
The supply of printing labour falls
The equilibrium wage
Employment cannot change
34 exam-style questions on OCR GCSE Economics 2.7 The labour market, covering 2.7.1 Role and operation of the labour market, 2.7.2 Determination of wages, 2.7.3 Explain gross and net pay, and 2.7.4 Calculate gross and net pay. Each one has a worked solution and a mark scheme showing where the marks go.