3.5.3 Wage determination in competitive and non-competitive markets Flashcards
1
Q
Current labour market issues: The gig economy
A
2
Q
Current labour market issues: Ageing population
A
3
Q
Current labour market issues: Robotics and A.I.
A
4
Q
Current labour market issues: Labour migration
A
5
Q
Current labour market issues: Trade unions
A
6
Q
Current labour market issues: The gender pay gap
A
7
Q
Current labour market issues: Zero-hour contracts
A
8
Q
Government intervention in the labour market: minimum wage
A
A statutory pay floor employers cannot go below.
9
Q
Government intervention in the labour market: maximum wage
A
A statutory pay ceiling employers cannot go above.
