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1.1 Economic methodology and the economic problem

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Question 48

Based on the data below, which one of the following is a positive statement?

Unemployment Rate in Region X (2018–2022)

YearUnemployment Rate (%)
20188.5
20197.8
20206.4
20215.2
20224.5
A

Reducing unemployment to below 5% should be the government's primary macroeconomic target.

B

Between 2018 and 2022, the percentage of the workforce without a job in the region decreased.

C

The standard unemployment rate is the most accurate indicator of a nation's economic health.

D

The regional authority ought to increase welfare benefits to support those who remain unemployed.

Markscheme

1.1 Economic methodology and the economic problem Questions

  1. A Level
  2. /Economics
  3. /1.1 Economic methodology and the economic problem

123 exam-style questions on AQA A Level Economics 1.1 Economic methodology and the economic problem, covering 1.1.1 Economic methodology, 1.1.2 The nature and purpose of economic activity, 1.1.3 Economic resources, 1.1.4 Scarcity, choice and the allocation of resources, and 1.1.5 Production possibility diagrams. Each one has a worked solution and a mark scheme showing where the marks go.

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