A country experiences a significant and sustained depreciation in the value of its exchange rate. Other things remaining equal, the impact on its economy is most likely to be
an increase in structural unemployment.
a reduction in cyclical unemployment.
an increase in frictional unemployment.
a widening of the balance of trade deficit.
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.