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2.3 Economic performance

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Question 55

Which one of the following is most likely to occur during the recession phase of an economic cycle?

A

Rising unemployment, falling business investment and a positive output gap

B

Falling imports, falling business profits and a negative output gap

C

Falling national income, falling tax revenues and a positive output gap

D

Rising cyclical unemployment, rising inflation and a negative output gap

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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