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O-LevelEconomicsGovernment and the macroeconomy2281/11 · May/June 2014 · Q211 Mark

It was reported in 2011 that an economy had negative economic growth for six months in a row. What would be evidence for such a situation?

Aan increase in GDP
Ban increase in profit levels
Can increase in the level of unemployment
Dan increase in the standard of living

✓ Correct answer

C: an increase in the level of unemployment

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About this question

Topic
Government and the macroeconomy, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source
O-Level Economics, May/June 2014 Paper 1 Variant 1, question 21.

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