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O-LevelEconomicsGovernment and the macroeconomy2281/11 · May/June 2024 · Q191 Mark

A government attempts to raise economic growth with a policy of reduced interest rates. Which other government objective is most likely to be helped in the short run?

Alower unemployment
Bprice stability
Creduced income inequality
Dreduced trade deficit

✓ Correct answer

A: lower 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 2024 Paper 1 Variant 1, question 19.

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