O-LevelEconomicsThe allocation of resources2281/11 · May/June 2018 · Q231 Mark

The table shows units of output, value of output and number of people employed in an industry over three years. What can be concluded from the table?

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AInflation has increased.

BProductivity has increased.

CProfit has increased.

DWorking population has increased.

✓ Correct answer

B: Productivity has increased.

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Topic: The allocation of resources, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source: O-Level Economics, May/June 2018 Paper 1 Variant 1, question 23.

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