◈ Oracle PrepSign Up Free
O-LevelEconomicsGovernment and the macroeconomy2281/12 · Oct/Nov 2024 · Q221 Mark

The table shows government expenditure and revenue in selected years. What might explain the changes in the government's budget over the period?

Afall in the dependency ratio
Bfall in the exchange rate
Can increase in cyclical unemployment
Dan increase in real GDP

✓ Correct answer

C: an increase in cyclical unemployment

Practise more questions on this topic

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

Sign up free →

About this question

Topic
Government and the macroeconomy, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source
O-Level Economics, Oct/Nov 2024 Paper 1 Variant 2, question 22.

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

Related Economics questions

Government and the macroeconomyMay/June 20111m

Which type of unemployment is generally regarded by economists as the least serious for the economy?

Government and the macroeconomyMay/June 20111m

Which people are most likely to gain at a time of inflation?

Government and the macroeconomyMay/June 20121m

What would be most likely to reduce the rate of inflation?

Microeconomic decision makersMay/June 20101m

Barilla, an Italian company, is the world's largest pasta maker. It also produces bread. In 2006 its bread production…

The allocation of resourcesMay/June 20101m

What is likely to be found when there are many small firms in an industry?

Economic developmentMay/June 20101m

Between 2002 and 2007, approximately 18 million Latin American households moved out of poverty. Which change in the r…

← Browse all past-paper questions

© 2026 Oracle Prep