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A-LevelEconomicsThe macroeconomy9708/12 · Feb/Mar 2023 · Q201 Mark

In an economy, wages and prices are both rising but wages are rising faster. Which features are likely to exist in this economy?

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Ano, no
Bno, yes
Cyes, no
Dyes, yes

✓ Correct answer

D: yes, yes

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About this question

Topic
The macroeconomy, A-Level Economics (syllabus 9708). Multiple choice, 1 mark.
Source
A-Level Economics, Feb/Mar 2023 Paper 1 Variant 2, question 20.

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