Question 1
Using the data in Extract A (Figure 1), calculate the number of workers doing weekly platform work in 2019 for each worker doing monthly platform work in 2019.
Give your answer to two decimal places.
[2 marks]
Answer
Using the data in Extract A (Figure 1), calculate the number of workers doing weekly platform work in 2019 for each worker doing monthly platform work in 2019.
Give your answer to two decimal places.
[2 marks]
Explain how the data in Extract A (Figure 2) show that the incentive for workers to become self-employed increased between 2009/10 and 2018/19.
[4 marks]
Extract C (lines 4–5) states that, as a result of trade union action, ‘The hospital trust increased their £8.21 minimum wage to the London Living Wage of £10.75.’
With the help of a diagram, analyse how a trade union might achieve higher pay for its members.
[9 marks]
Extract B (lines 16–18) states that, ‘Gig economy defenders claim that today’s flexible labour markets offer modern workers the opportunity to move freely between jobs and this gives them more choice over their working hours.’
Assess the view that government intervention in the UK labour market is necessary to protect the interests of people who are working in the gig economy.
[25 marks]
Using the data in Extract D (Figure 3), calculate, in percentage terms, how much more expensive a basket of groceries at Waitrose was than at Lidl in April 2020.
Give your answer as a percentage to two decimal places.
[2 marks]
Explain how the data in Extract D (Figure 4) show that the supermarket sector is competitive.
[4 marks]
Extract E (lines 16–17) states that, ‘Supermarkets set prices interdependently, and price wars look very likely.’
With the help of a diagram, analyse the impact on grocery consumers of interdependence between supermarkets.
[9 marks]
Extract E (lines 17–19) states that, ‘ the price gap between discounters and conventional supermarkets is now about 10–12%, against more than 20% a few years ago.’
Evaluate the view that the supermarket sector is serving customers' interests well.
[25 marks]
Explain how the price mechanism allocates resources in a market economy.
[15 marks]
Assess the view that high-speed Internet connection is a necessity for modern life and should be provided by the government, free of charge, to all households.
[25 marks]
Evaluate the view that government failure means that government intervention in markets will rarely lead to an improvement in economic welfare.
[25 marks]
Explain the main causes of inequality in the distribution of pre-tax incomes.
[15 marks]
Evaluate whether the best way to reduce inequality in disposable income is to reduce differences in pre-tax incomes rather than through taxes and welfare benefits.
[25 marks]
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