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A-LevelEconomicsGovernment macroeconomic intervention9708/12 · Oct/Nov 2009 · Q241 Mark

The graphs show consumer prices and employment for Ireland. [Figure] What can be concluded from the graphs?

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ABetween 2003 and 2004, unemployment and prices moved in the same direction.
BPrices were at their lowest in 2004.
CPrices rose continuously over the period.
DThe number of unemployed workers fell over the period.

✓ Correct answer

C: Prices rose continuously over the period.

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About this question

Topic
Government macroeconomic intervention, A-Level Economics (syllabus 9708). Multiple choice, 1 mark.
Source
A-Level Economics, Oct/Nov 2009 Paper 1 Variant 2, question 24.

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