Choosing between maintaining a low rate of inflation and achieving full employment best illustrates
a choice between different macroeconomic policy instruments.
that the long-run aggregate supply curve is perfectly horizontal.
a potential conflict between macroeconomic policy objectives.
a government prioritizing wealth redistribution over economic efficiency.
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.