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Macroeconomic objectives and theory — Question 9

QCAA 2020, Paper 1 · 1 mark

Q9 · 2020 · External assessmentUnclassified1 mark

QUESTION 9

Consider the following data.

¢ Employment in public administration and education has risen by 2.5 percentage points.

¢ Employment in recreation and retail has fallen by 2.3 percentage points.

Which statement correctly identifies the economic problem and the response required?

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