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O-LevelEconomicsGovernment and the macroeconomy2281/11 · May/June 2014 · Q231 Mark

In which case is success for the government in achieving the first aim likely to cause problems in achieving the second?

Afull employment price stability
Bhigh economic growth full employment
Cprice stability stable balance of payments
Dstable balance of payments more even distribution of income

✓ Correct answer

A: full employment price stability

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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 23.

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