Economics · May / June 2024 · Paper 21 · Question 5
2281
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In 2020, the price of gold fell in Vietnam. That year, Vietnam was one of Asia’s best performing economies. Unlike some Asian economies, Vietnam did not experience a recession. Its total output, exports and imports all increased. Unemployment did increase from 2.0% to 2.3% but remained very low. One of the aims of fiscal policy can be to achieve full employment.
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5(a)[2]
5(b)[4]
5(c)[6]
5(d)[8]
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