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2.3 Economic performance

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Question 1

An economy is estimated to be experiencing a 2.5% rate of frictional unemployment plus a 3.5% rate of structural and real-wage unemployment. If it is also experiencing cyclical unemployment of 5.0%, its natural rate of unemployment is most likely to be:

A

2.5%2.5\%2.5%

B

6.0%6.0\%6.0%

C

8.5%8.5\%8.5%

D

11.0%11.0\%11.0%

Markscheme

2.3 Economic performance Questions

  1. A Level
  2. /Economics
  3. /2.3 Economic performance

327 exam-style questions on AQA A Level Economics 2.3 Economic performance, covering 2.3.1 Economic growth and the economic cycle, 2.3.2 Employment and unemployment, 2.3.3 Inflation and deflation, and 2.3.4 Possible conflicts between macroeconomic policy objectives. Each one has a worked solution and a mark scheme showing where the marks go.

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