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2.3 Economic performance

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Question 105

Which one of the following combinations of macroeconomic indicators is most likely to be observed during the boom phase of a typical economic cycle?

A

Rising cyclical unemployment, a deteriorating trade balance, and a positive output gap

B

Falling business investment, a falling inflation rate, and a negative output gap

C

Rising tax revenues, rising demand for imports, and a positive output gap

D

Falling cyclical unemployment, a rising budget deficit, 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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