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Pearson Edexcel IAL Economics 3.3.4.2c Factors that influence the supply

Practise predicting labour supply changes from migration, participation, benefits, taxes, regulation and incentives to work.

Syllabus
First assessment 2019
Course
Economics YEC11
Level
A2

Exam points

  • predict labour supply shifts from net migration or changes in population size
  • explain how higher welfare benefits can reduce labour force participation

3.3.4.2c - Factors that influence the supply of labour to a particular labour occupation: • size question 1

[Maximum number: 1]

From September 2019 to September 2021 the US labour force participation rate fell.
Which one of the following is most likely to have caused this fall in the supply of labour?

A

An increase in benefit payments

B

An increase in net migration

C

An increase in the wage rate

D

An increase in productivity

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