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Economics (AS & A Level) · May / June 2023 · Paper 32 · Question 24

9708Government macroeconomic policy objectives

Governments set economic policy aims. What will be least likely to occur if all these aims are achieved?

  1. Aa decrease in the average standard of living
  2. Ba decrease in the currency's foreign exchange rate
  3. Can increase in the level of frictional unemployment
  4. Dan increase in the rate of inflation

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Correct answer: A. a decrease in the average standard of living

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