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Economics (AS & A Level) · Feb / March 2023 · Paper 12 · Question 26

9708Supply-side policy

Under which current conditions will supply-side policy measures be most likely to achieve a country's key macroeconomic goals?

  1. Aunemployment level high; price level stable
  2. Bunemployment level high; price level rising
  3. Cunemployment level low; price level stable
  4. Dunemployment level low; price level rising

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Correct answer: B. unemployment level high; price level rising

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