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A2 ECONOMICS: Guess Paper-4
- Thread starter Qamar Baloch
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plz have a look at page 5... i wrote it done..
Well yea…I saw that…but I need like the complete answer…just like the ones that sir sends us…could you do that??
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I mailed both
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no ...it would takes long time to do that...and we got exams less than 24 hrs.. u can wait for sir to post...
sorry.
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Qamar Baloch: Sir could you please send answer for question 5??
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i dun have ans 3
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In chapter 7, do we really need to learn about the WTO, IMF and the World Bank? I don't think there's ever been any questions on them.
Check the syllabus...but I don't think so it's required...
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sir, i having difficulty answering question 5!! can you pls send me the complete answer for question 5 to me pls? thankyou!
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is monaterism & keynesian gonna come out?
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Sir do firms always follow Profit maximization theory in fixing their price and output ??
Hey hychristine i was wondering if u got some answers can u send it to me? the data response n the essays i only got answer 7 from sir it wud be great help! thnx! my email address in [email protected]
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I have the answer for question 1b, if anyone needs that then let me know.
Question 5-Discuss what might cause inequalities in wage rates in an economy. [25]
This could firslty include, how in perfect and imperfect market labour wage rates are affected. This could be due to MRP in perfect competion, Labour in perfect competition earn relatively higher than in imperfect competition due to Monopsony power draw the diagram.
Next you can include, how strong trade union and govt. minimun wage rule can affect the wages.
Also, people in a ountry are employed in different sectors so earn different wages.
One can also include, different skills, education, training , geographicall and occupational immobility, age, gender, religion descrimination can also be the reason.
Moreover, economic rent and transfer payments with diagram can also be included.
I hope this is enough
This could firslty include, how in perfect and imperfect market labour wage rates are affected. This could be due to MRP in perfect competion, Labour in perfect competition earn relatively higher than in imperfect competition due to Monopsony power draw the diagram.
Next you can include, how strong trade union and govt. minimun wage rule can affect the wages.
Also, people in a ountry are employed in different sectors so earn different wages.
One can also include, different skills, education, training , geographicall and occupational immobility, age, gender, religion descrimination can also be the reason.
Moreover, economic rent and transfer payments with diagram can also be included.
I hope this is enough
well yes i need it please send it to me on [email protected]
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