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Economics (AS & A Level) · May / June 2024 · Paper 33 · Question 20

9708Links between macroeconomic problems and their interrelatedness

The table shows the relationship between inflation and unemployment in Germany from 2019 to 2022. | | 2019 | 2020 | 2021 | 2022 | |---|---|---|---|---| | inflation: annual variation (%) | –1.9 | –1.6 | 2.7 | 2.6 | | unemployment rate (%) | 6.4 | 6.1 | 5.7 | 5.2 | Some theories argue that inflation rates are at their lowest when the rate of unemployment is low. Which year contradicts this expectation to the greatest extent?

  1. A2019
  2. B2020
  3. C2021
  4. D2022

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Correct answer: A. 2019

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