Economics · May / June 2019 · Paper 12 · Question 19
2281Employment and unemployment
Why might a government decide to subsidise a high-cost steel industry?
- Aif cheaper imports of steel are improving the balance of payments
- Bif economic growth is increasing due to the success of other industries
- Cif redundant steel workers can easily be retrained
- Dif unemployment in steel producing areas is increasing
As printed in the paper
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Correct answer: D. if unemployment in steel producing areas is increasing
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