Economics · May / June 2021 · Paper 21 · Question 3
2281
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In 2018, the US had its lowest unemployment rate for 18 years. Cyclical unemployment was very low and so was the rate of inflation. The US also experienced a rise in labour productivity. However, it did not do so well in reducing poverty. In 2018, approximately 12% of Americans were living in poverty.
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3(a)[2]
3(b)[4]
3(c)[6]
3(d)[8]
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