Which one of the following is most likely to lead to an increase in structural unemployment in a developed economy?
A decision by the central bank to raise interest rates to combat rising inflation
A sharp decline in consumer confidence that triggers a nationwide recession
Rapid advancements in automation technology that render existing assembly line skills obsolete
An increase in the national budget deficit resulting from expansionary fiscal policy
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.