The government funds retraining for workers whose jobs have disappeared because of new technology. Which pair of outcomes is the policy intended to achieve?
Lower labour mobility and higher structural unemployment
Lower structural unemployment and greater productive capacity
More cyclical unemployment and lower productivity
More structural unemployment and greater inflation
104 exam-style questions on AQA GCSE Economics 2.3 How the government manages the economy, covering 2.3.1a Fiscal policy and income and expenditure, 2.3.1b Fiscal policy and government objectives, 2.3.1c The government budget, 2.3.2a The meaning of monetary policy, 2.3.2b Uses of monetary policy, 2.3.3a Supply-side policies and their trade-offs, 2.3.3b Using supply-side policies, and 2.3.4 Policies to correct positive and negative externalities. Each one has a worked solution and a mark scheme showing where the marks go.