A-LevelEconomicsThe macroeconomy9708/12 · Feb/Mar 2021 · Q291 Mark

Other things being equal, what is most likely to be reduced by falling labour productivity?

Athe balance of trade deficit

Bthe internal value of money

Cthe level of unemployment

Dthe rate of domestic inflation

✓ Correct answer

B: the internal value of money

Oracle Prep sorts past-paper questions by topic, so you can drill The macroeconomy and see which topics are most likely to come up next.

Topic: The macroeconomy, A-Level Economics (syllabus 9708). Multiple choice, 1 mark.
Source: A-Level Economics, Feb/Mar 2021 Paper 1 Variant 2, question 29.

Questions and mark schemes are from past examination papers and remain the copyright of the exam board. How Oracle Prep builds its content

A director becomes redundant as the result of a company merger. His salary was $80 000. He is entitled to an annual p…

Which cause of economic growth would involve the least cost for present and future generations of a country's populat…

An aggregate demand curve slopes downwards from left to right. One reason for this is that a reduction in the average…

A country has a fixed exchange rate. What is likely to result in a deterioration in its balance of payments?

At present, one unit of a country's currency exchanges for US1.2. The country aims to set its exchange rate equal to …

The US President signed a trade agreement which allowed more duty-free access to the US market for Latin American and…