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Economic management — Question 9

QCAA 2025, Paper 1 · 1 mark

Q9 · 2025 · External assessmentUnclassified1 mark

QUESTION 9

Assume the unemployment rate is 4% and wages are rising. Ceteris paribus, what is the least appropriate policy response in the Australian labour market?

(A) maintaining youth employment subsidies paid to employers

(B) creating additional training opportunities for apprentices

(C) raising the quota of skilled migration to Australia

(D) introducing a retirement age of 65 years

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