Which change affecting an economy's labour market promotes economic growth?

A.
increasing trade union strike action
B.
lowering the age of retirement
C.
reducing training of workers
D.
removing immigration controls
Economics
IGCSE&ALevel
CAIE
Exam No:0455_w21_qp_13 Year:2021 Question No:18

Answer:

D

Knowledge points:

4.5.2 supply-side policy measures (Possible supply-side policy measures include education and training, labour market reforms, lower direct taxes, deregulation, improving incentives to work and invest, and privatisation.)

Solution:

Download APP for more features
1. Tons of answers.
2. Smarter Al tools enhance your learning journey.
IOS
Download
Android
Download
Google Play
Download