Which one of the following combinations is most likely to occur during the recession phase of the economic cycle?
| Growth of Real GDP | Inflation rate | Unemployment | Business Investment | |
|---|---|---|---|---|
| A | Increase | Increase | Decrease | Increase |
| B | Decrease | Decrease | Increase | Decrease |
| C | Decrease | Increase | Increase | Increase |
| D | Increase | Decrease | Increase | Decrease |
A
B
C
D
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.