Economics (AS & A Level) · Oct / Nov 2023 · Paper 32 · Question 21

The table gives details of the inflation and unemployment rates for different countries in 2008 and 2011. [table: country | inflation rate (% per annum) 2008, 2011 | unemployment rate (% of workforce) 2008, 2011; Canada 2.38, 2.89, 6.15, 7.47; France 3.16, 2.29, 7.81, 9.68; Germany 2.75, 2.48, 7.60, 5.98; Japan 1.37, –0.28, 3.99, 4.55] Which countries experienced a trade-off between their inflation and unemployment rates?

1. ACanada and Germany
2. BCanada only
3. CFrance and Japan
4. DFrance only

As printed in the paper