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O-LevelEconomicsGovernment and the macroeconomy2281/12 · May/June 2016 · Q201 Mark

What would best indicate the start of an economic boom?

Anegative growth of Gross Domestic Product
Brising interest rates
Crising levels of employment
Dsteadily falling price levels

✓ Correct answer

C: rising levels of employment

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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 2016 Paper 1 Variant 2, question 20.

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