(a)[2]
The article states that average pay rose by 0.7% for public sector workers, but by 2.5% for private sector workers. State two reasons given in the information for this difference.
(b)[5]
“In 2014, although earnings rose, both regular pay and real total pay have gradually declined since 2008.” Use Fig. 1 to decide whether this is true or false.
(c)[5]
In January 2015 the workers of an oil company asked for a pay rise. How could the company use the evidence from the information to argue against the demand?
(d)[8]
Discuss why inflation and the rate at which total pay grows are important economic indicators.