Economics · May / June 2018 · Paper 12 · Question 23

The table shows units of output, value of output and number of people employed in an industry over three years. | | output (units, millions) | output value ($ millions) | number employed (000) | |---|---|---|---| | year 1 | 10 | 10 | 5 | | year 2 | 21 | 25 | 7 | | year 3 | 32 | 40 | 8 | What can be concluded from the table?

1. AInflation has increased.
2. BProductivity has increased.
3. CProfit has increased.
4. DWorking population has increased.

As printed in the paper