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Economics (AS & A Level) · Oct / Nov 2024 · Paper 32 · Question 18

9708Economic growth

A country has increasing productivity and falling unemployment. What can be concluded from this information?

  1. AEconomic efficiency has increased.
  2. BInterest rates have increased.
  3. CTaxation has increased.
  4. DThe labour force has increased.

As printed in the paper

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Correct answer: A. Economic efficiency has increased.

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