Table 1 shows changes in Eastport after unemployment fell as new employers opened in the area.
| Measure | Before | After |
|---|---|---|
| Unemployment rate | 8.0% | 4.5% |
| Unfilled vacancies | 800 | 2,200 |
| Average weekly wage | £500 | £555 |
| Business-sales index | 100 | 109 |
| Government unemployment-benefit spending | £22 million | £12 million |
Using Table 1, analyse the likely effects of falling unemployment on Eastport's businesses and the government.
189 exam-style questions on AQA GCSE Economics 2.2 Government objectives, covering 2.2.1a The main economic objectives, 2.2.1b Conflicts between government objectives, 2.2.1c Other objectives and ethical considerations, 2.2.2a The significance of economic growth, 2.2.2b Causes, costs, benefits and policies for growth, 2.2.2c GDP measures and calculations, 2.2.3a Measuring employment and unemployment, 2.2.3b Types and causes of unemployment, 2.2.3c Consequences and policies for unemployment, 2.2.4a What inflation is, 2.2.4b Measuring inflation with the CPI, 2.2.4c Causes, consequences and control of inflation, 2.2.5a Balance of trade and balance of payments, 2.2.5b Current account surpluses and deficits, 2.2.5c Policies to influence the balance of payments, 2.2.6a Income and wealth inequality in the UK, 2.2.6b Causes and consequences of inequality, and 2.2.6c Redistributing income and wealth. Each one has a worked solution and a mark scheme showing where the marks go.