O-LevelEconomicsGovernment and the macroeconomy2281/12 · Oct/Nov 2017 · Q211 Mark
A finance minister reported that the economy was experiencing inflation and economic growth. What would be evidence that both of these had occurred?
Aincreased exports and increased output
Bincreased imports and increased income tax
Cincreased interest rates and increased net migration
Dincreased prices and increased employment
✓ Correct answer
D: increased prices and increased employment
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