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2.3 Economic performance

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Question 104

In a developed economy, a major decline in heavy manufacturing due to cheaper overseas competition occurs alongside the government's introduction of an advanced AI-driven national job-matching platform and a reduction in the duration of unemployment benefit eligibility.

Which of the following is the most likely outcome for structural and frictional unemployment in this economy?

A

Both structural and frictional unemployment are likely to increase

B

Structural unemployment is likely to increase, while frictional unemployment is likely to decrease

C

Structural unemployment is likely to decrease, while frictional unemployment is likely to increase

D

Both structural and frictional unemployment are likely to decrease

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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