Paper 3: The economic environment and business June 2025, Question 2 50 marks
Discuss the effects of an increase in the national living wage on employment.
Reveal mark scheme
Assess the extent to which supply-side policies for reducing skills shortages may involve policy conflicts or trade-offs.
Reveal mark scheme
Assess the potential trade-off between inflation and unemployment.
Reveal mark scheme
Evaluate the benefits of regulation in a market.
Reveal mark scheme