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O-LevelEconomicsGovernment and the macroeconomy2281/12 · May/June 2016 · Q181 Mark

A government introduces a law to reduce the restrictive practices of trade unions. What would be the most likely purpose of this law?

Ato change from a mixed to a planned economy
Bto ensure a fairer distribution of earnings
Cto increase competition in labour markets
Dto reduce government expenditure on job training

✓ Correct answer

C: to increase competition in labour markets

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About this question

Topic
Government and the macroeconomy, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source
O-Level Economics, May/June 2016 Paper 1 Variant 2, question 18.

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