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?
- A2019
- B2020
- C2021
- D2022
As printed in the paper
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Correct answer: A. 2019
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