Economics · Oct / Nov 2017 · Paper 12 · Question 21
2281Inflation
A finance minister reported that the economy was experiencing inflation and economic growth. What would be evidence that both of these had occurred?
- Aincreased exports and increased output
- Bincreased imports and increased income tax
- Cincreased interest rates and increased net migration
- Dincreased prices and increased employment
As printed in the paper
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Correct answer: D. increased prices and increased employment
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