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Economics · May / June 2023 · Paper 12 · Question 22

2281Employment and unemployment

What is a likely consequence of a falling level of unemployment?

  1. Adownward pressure on wage rates
  2. Bincrease in welfare benefit payments
  3. Crise in absolute poverty
  4. Drise in income tax revenue

As printed in the paper

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Correct answer: D. rise in income tax revenue

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