1. Statement 1: Since Poland joined the European Union (EU) in 2004, over one million of its workforce have migrated to other countries in the EU. Statement 2: Many engineers have left Poland for higher paid jobs in other countries in the EU. (a) Which one of the following best describes the two statements above? A. Normative B. Normative C. Positive D. Positive (b) Explain the likely impact of migration on the wage level of engineers in Poland.

A-Level Edexcel Economics A How Markets Work: 1. Statement 1: Since Poland joi

1. Statement 1: Since Poland joined the European Union (EU) in 2004, over one million of its workforce have migrated to other countries in the EU - Edexcel - A-Level Economics A - Question 1 - 2021 - Paper 1

Question 1

1.-Statement-1:-Since-Poland-joined-the-European-Union-(EU)-in-2004,-over-one-million-of-its-workforce-have-migrated-to-other-countries-in-the-EU-Edexcel-A-Level Economics A-Question 1-2021-Paper 1.png

1. Statement 1: Since Poland joined the European Union (EU) in 2004, over one million of its workforce have migrated to other countries in the EU. Statement 2: Many... show full transcript

Worked Solution & Example Answer:1. Statement 1: Since Poland joined the European Union (EU) in 2004, over one million of its workforce have migrated to other countries in the EU - Edexcel - A-Level Economics A - Question 1 - 2021 - Paper 1

Step 1

Which one of the following best describes the two statements above?

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Answer

The correct answer is D. Both statements indicate positive assertions about the phenomena occurring in the labor market. Statement 1 suggests a factual occurrence of migration, while Statement 2 points to an observable trend of engineers seeking better-paying jobs in other countries.

Step 2

Explain the likely impact of migration on the wage level of engineers in Poland.

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Answer

The migration of engineers from Poland is likely to have several impacts on the wage level in the country:

Supply of Labor Decreases: With over a million workers migrating, especially a significant number of engineers, the total supply of labor in Poland decreases. When the supply of labor decreases, it creates scarcity.
Wage Pressures Increase: As the supply of skilled engineers dips, firms may face an excess demand for these workers. This scarcity can lead firms to offer higher wages to attract and retain skilled professionals in Poland.
New Equilibrium Set: The higher wages offered could lead to a new equilibrium in the labor market where wages rise due to the competitive demand for the reduced supply of engineers.
Long-Term Effects: Over time, if wages rise significantly, it may attract more engineers to train and enter the field, but initially, the immediate impact will likely be upward pressure on wages due to decreased labor supply.

1. Statement 1: Since Poland joined the European Union (EU) in 2004, over one million of its workforce have migrated to other countries in the EU - Edexcel - A-Level Economics A - Question 1 - 2021 - Paper 1

Worked Solution & Example Answer:1. Statement 1: Since Poland joined the European Union (EU) in 2004, over one million of its workforce have migrated to other countries in the EU - Edexcel - A-Level Economics A - Question 1 - 2021 - Paper 1

Which one of the following best describes the two statements above?

Explain the likely impact of migration on the wage level of engineers in Poland.

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