Economics (AS & A Level) · Oct / Nov 2022 · Paper 31 · Question 16

A government is worried about the increasing monopsony power of employers in the wage bargaining process. Which policy combination is most likely to improve the wages and employment prospects of workers?

1. Astrengthen trade union powers, relax immigration controls, cut national minimum wage
2. Bstrengthen trade union powers, strengthen immigration controls, raise national minimum wage
3. Cweaken trade union powers, relax immigration controls, cut national minimum wage
4. Dweaken trade union powers, strengthen immigration controls, raise national minimum wage

As printed in the paper