What will result in the short run from rising unemployment in an economy?
- (a)What will result in the short run from rising unemployment in an economy? A The government's budget deficit will fall. B Any existing inflationary pressure will be reduced. C Potential output will fall. D The economy's production possibility curve will move inwards.[1]
Mark scheme
Marking points from the official mark scheme (May/June 2017). The mark or mark type is shown in brackets.
- [1] Answer: B
Write your answer and get it marked
On Oracle Prep you can write or photograph your own answer and have it marked by AI against this mark scheme, with feedback on what you missed.
Sign up free →