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Economics · Oct / Nov 2022 · Paper 22 · Question 3

2281

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The question as text

In 2019, Russia had an unemployment rate of 4.6%. Russia experienced full employment in the past. Its government wants unemployment to be lower. In 2018, the Russian government cut its spending which may have increased poverty. In both 2018 and 2019, the government did not change its income tax rate. Russia operates a proportional tax rate system.

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Show the answer and mark scheme
  • 3(a)[2]

  • 3(b)[4]

  • 3(c)[6]

  • 3(d)[8]

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