top of page
Interest Rate Cut and Poverty Reduction
Question
Explain how an increase in a worker’s income can affect their mobility of labour.
Category:
Labor Market
Frequently asked question
Preview Answer
I. 🍃Introduction
A. Definition of income and mobility
B. Importance of income and mobility in economics
C. Thesis statement
II. Positive effects of higher income on mobility
A. Increase in occupational mobility
➡️1. Explanation
➡️2. Examples
B. Increase in geographical mobility
➡️1. Explanation
➡️2. Examples
C. Increase in access to high-tech products
➡️1. Explanation
➡️2. Examples
III. Negative effects of higher income on mobility
A. Decrease in occupational mobility
➡️1. Explanation
➡️2. Examples
B. Decrease in geographical mobility
➡️1. Explanation
➡️2. Examples
IV. 👉Conclusion
A. Summary of main points
B. Implications for policy and future research
C. Final thoughts.
Ops... End of preview!
Already purchased Economics Study Pack subscription? Amazing! Click below
What's included
✔️Full essay
✔️Tips
✔️Diagrams
✔️Marking Schemes
✔️Examiner's report
bottom of page