Theme 3 - Labour - Labour Market Concepts 1
Quiz by Mark Seccombe
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- Q1
In the UK, sales of hybrid electric vehicles increased from 1 100 in 2013 to 27 000 in 2016. The most likely effect on workers employed in hybrid electric vehicle production is that
the wage rate will fall
the wage rate will rise
unemployment will rise
employment will fall
30s3.5.1 - Q2
Workers employed by a furniture manufacturer perform all tasks in the production of bookcases from start to finish. If the owners decide to apply the division of labour in the production process, this may lead to an increase in
time taken to train workers
costs per unit
time taken to produce each bookcase
output per worker
30s1.1.5 - Q3
In 2016 the Cambodian Government increased the minimum wage for clothing workers by 9.4% to $140 per month. The increase in the minimum wage for clothing workers will cause
an increase in the demand for labour
excess demand for labour
an increase in unemployment
an increase in employment
30s3.6.1d - Q4
Global car sales increased from 65 million in 2012 to 71 million in 2013. Ceteris paribus, this increase in demand for cars is most likely to cause which one of the following changes?
A
B
C
D
30s3.5.3 - Q5
The introduction of a minimum wage below the market equilibrium wage for
skilled workers is most likely to cause
an increase in unemployment
an extension of demand for labour
no change in the labour market
an increase in employment
30s3.6.1d - Q6
The Government of Uganda is providing training schemes to 45 000 people of
working age to reduce the country’s unemployment rate. The planned effect of the training schemes is to reduce
the demand for labour
occupational immobility of labour
the geographical mobility of labour
the elasticity of supply for labour
30s3.5.2 - Q7
Myanmar’s Government intends to introduce a minimum wage for clothing workers of 450 kyat per hour. The minimum wage rate is set above the average wage in the
clothing industry. The introduction of the minimum wage will be likely to
decrease the supply of labour in the clothing industry
increase the demand for labour in the clothing industry
cause employment in the clothing industry to fall
cause the price of clothing to fall
30s3.6.1d - Q8
Boeing believes that global airline passenger numbers will rise by around 5% per year over the next 20 years. Boeing estimates the number of aircraft will rise from 21 000 today to over 42 000 by 2033. The most likely effect on the market for aircraft engineers is that
employment will fall
the wage rate will rise
the wage rate will fall
unemployment will rise
30s3.5.3 - Q9
Otorohanga, a town in New Zealand, is offering relocation subsidies to people. The most likely impact of this is to
improve geographical mobility of labour
reduce the supply of labour in the area
improve occupational mobility of labour
cause geographical immobility of labour
30s3.5.2 - Q10
In the USA, in September 2013, 11.3 million people were unemployed but at the same time 3.9 million job vacancies were available. This may be explained by which one of the following?
There is a mismatch between the skills the unemployed have and those required by employers
The US government offers subsidies to help people move from one region to another
The US Government provides training programmes to reduce immobility
The skills of the unemployed may be transferred easily to the jobs that are available
30s2.1.3
