O-LevelEconomicsGovernment and the macroeconomy2281/11 · May/June 2023 · Q201 Mark
The government of a country operating at full employment increases its spending on education and training. How does this affect the likelihood of achieving low inflation in the short run and the long run?
Aless likely, less likely
Bless likely, more likely
Cmore likely, less likely
Dmore likely, more likely
✓ Correct answer
B: less likely, more likely
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