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Economics (AS & A Level) · Feb / March 2023 · Paper 32 · Question 13

9708Labour market forces and government intervention

The table shows the main characteristics of employment in two occupations. | | occupation X | occupation Y | |---|---|---| | average annual wage | $100 000 | $60 000 | | number of weeks of annual leave | 5 weeks | 10 weeks | | average length of working week | 48 hours | 44 hours | | job security | low | high | | length of training course to obtain job qualification | 1 year | 2 years | What can definitely be deduced from the table?

  1. AThose employed in occupation Y attach greater importance to job security.
  2. BThose employed in occupation X attach less importance to leisure activities.
  3. CThere will be more competition for places on training courses to enter occupation X than occupation Y.
  4. DOccupation Y has more non-pecuniary advantages than occupation X.

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Correct answer: D. Occupation Y has more non-pecuniary advantages than occupation X.

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