I have written in both styles. The second one in my half yearlies and the first one in my trials. Both were fairly well received. Personally I feel that the question is more easily addressed and I have an ample amount of resources to spin myself out of trouble if I integrate them. Moreover, if...
Lol. Labour Market policies must be the worst taught section in the Economics syllabus.
My definition goes something like : regulative policies that governs the interaction between supply and demand of labour.
I just looked it up today :D. It was on a website, I will try to find the source soon.
Someone might have to check this but my thinking is:
More protection -> higher barrier to entry -> lower competition -> increase price -> increase supply.
The same thing happened to me. My teacher actually had no idea either. Though being ever so resourceful she emailed Tim Riley and got the answer for me.
Hi, here is what you do
The second column shows CPI and as you know CPI measures the change in prices over a given year.
To find the inflation from that you take the current minus the previous and divide it by the previous.
In this instance, you find that the base year is 100.
E.g...
During winter it rains on average 18 out of 30 days. Fiver winter days are selected at random. Find, correct to four decimal places, the probability that:
The first two days chosen will be fine and the remainder wet,
more rainy days than fine days have been chosen.