O-LevelEconomicsGovernment and the macroeconomy2281/12 · Oct/Nov 2014 · Q221 Mark

The table shows the rate of unemployment and the annual rates of change of gross domestic product (GDP) and consumer prices for four countries in 2012. [Figure] Which country was experiencing the worst economic recession?

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AGreece

BHungary

CItaly

DSpain

✓ Correct answer

A: Greece

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Topic: Government and the macroeconomy, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source: O-Level Economics, Oct/Nov 2014 Paper 1 Variant 2, question 22.

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The table shows the rate of unemployment and the annual rates of change of gross domestic product (GDP) and consumer prices for four countries in 2012. [Figure] Which country was experiencing the worst economic recession?

✓ Correct answer

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