O-LevelEconomicsGovernment and the macroeconomy2281/11 · May/June 2013 · Q311 Mark
The table gives information about some economic indicators in a number of countries. [Table 31.1] What may be concluded from this information?
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ACountries with higher inflation have higher interest rates.
BCountries with higher interest rates have lower inflation.
CThe country with the lowest inflation had the highest unemployment.
DThe country with the lowest unemployment had the highest inflation.
✓ Correct answer
A: Countries with higher inflation have higher interest rates.
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