Q10 · 2021 · External assessmentUnclassified1 mark
QUESTION 10
The table shows labour market data for an economy.
Based on the data in the table, fiscal policy measures
(A) should be avoided because the number of employed persons has increased.
(B) do not need to be changed because the employment rate is unchanged.
(C) could be contractionary because the unemployment rate is falling.
(D) could be expansionary because the employment rate is rising.
WORKED SOLUTION
1 markAnswer C
OFFICIAL ANSWERC
QCAA awards 1 mark for selecting option C.
Correct option from the official QCAA answer key.