O-LevelEconomicsMicroeconomic decision makers2281/12 · Oct/Nov 2023 · Q131 Mark

What is not a reason for differences in the earnings of airline pilots in a particular country?

Abargaining power of employees

Bdiscrimination

Cgovernment policies

Dinflation

✓ Correct answer

D: inflation

Oracle Prep sorts past-paper questions by topic, so you can drill Microeconomic decision makers and see which topics are most likely to come up next.

Topic: Microeconomic decision makers, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source: O-Level Economics, Oct/Nov 2023 Paper 1 Variant 2, question 13.

Questions and mark schemes are from past examination papers and remain the copyright of the exam board. How Oracle Prep builds its content

What is likely to cause wages in an occupation to be high?

A trade union negotiates a basic weekly wage for its members with all employers in an industry. In addition to the ba…

What might cause a rise in the proportion of income that a person saves?

The retail price index of a country rose during a year from 200 to 240. What was the annual rate of inflation?

What name is given to the type of unemployment that occurs while people search for new jobs?

Why is the Human Development Index (HDI) a better indicator of comparative living standards than Gross Domestic Produ…