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Economics (AS & A Level) · Oct / Nov 2022 · Paper 31 · Question 22

9708Unemployment

The graph shows the percentage unemployed in a country for the period 2017–2021. What is the most likely cause of the change in unemployment?

  1. Aa reduction in government expenditure
  2. Ba reduction in interest rates
  3. Ca reduction in investment by firms
  4. Da slowdown in growth in the global economy

As printed in the paper

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Correct answer: B. a reduction in interest rates

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