Economics (AS & A Level) · May / June 2022 · Paper 31 · Question 30
9708Links between macroeconomic problems and their interrelatedness
The table shows the rate of inflation (consumer prices index) and the monthly percentage rate of unemployment for the USA over a six month period in 2017. What can be concluded from this table?
- AFalling inflation leads to lower unemployment.
- BIncreasing inflation leads to rising unemployment.
- CThe rate of inflation correlates exactly with the rate of unemployment.
- DThe rate of inflation has a marginal effect on the rate of unemployment.
As printed in the paper
Show the answer
Correct answer: D. The rate of inflation has a marginal effect on the rate of unemployment.
Make a free account to save your answers and see your weak topics and ask the AI why a wrong answer is wrong.