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Economics (AS & A Level) · Oct / Nov 2022 · Paper 33 · Question 26

9708Unemployment

The table shows real GDP and unemployment for an economy. What can be concluded from the data?

  1. ADemand-pull inflation is likely to increase.
  2. BPotential output is likely to increase.
  3. CThe balance of payments deficit is likely to increase.
  4. DThe budget deficit is likely to increase.

As printed in the paper

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Correct answer: D. The budget deficit is likely to increase.

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