3 marks
Q3(c) Diagram question: show a minimum wage set above the equilibrium wage and label the resulting labour demanded and supplied.
Edexcel · 4EC1
Minimum wage comes up in 14 questions across the Edexcel International GCSE past papers (4EC1), worth 61 marks between them. They run from 2019 to 2025 and appear on iGCSE Paper 1, iGCSE Paper 1R.
Tariffs run from 1 to 12 marks. The commonest instructions are Draw/Diagram (3), Identify (MCQ) (3), Evaluate (2). Specification points covered: 1.2.5, 1.2.6.
Q3(c) Diagram question: show a minimum wage set above the equilibrium wage and label the resulting labour demanded and supplied.
Q4(c) Data response: does a minimum wage rise benefit everyone? Latvia (EUR620 to EUR700 a month).
Q3(d) Data response: what a higher national minimum wage does to labour supply in Barbados.
Q1(b) Multiple choice working a weekly wage from a EUR6.04 hourly minimum wage.
Q2(g) Data response: what a minimum wage rise is likely to achieve (context: a 10.15% increase in the Netherlands amid inflation).
Q3(b) Multiple choice on the likely effect of a minimum wage set above the equilibrium wage.
Q3(a) Multiple choice classifying what kind of intervention a minimum wage is.
Q3(b) Multiple choice on why a government introduces a minimum wage.
Q2(e) Give the meaning of a minimum wage.
Q3(c) Diagram question: show a minimum wage set above the equilibrium wage.
Q4(c) Data response: weigh up whether a higher minimum wage helps an economy such as Spain.
Q3(d) Data response: why Turkey raises its minimum wage annually.
Q4(a) Work out monthly gross pay for 175 hours at the minimum wage.
Q3(c) Diagram question: show a minimum wage set above the equilibrium wage and label the resulting quantities.
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