?Northland, Southland, Eastland and Westland are four countries of Asia. The following economic statistics have been produced for the year 2007.
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Which country experienced stagflation in the relevant period?
?Northland, Southland, Eastland and Westland are four countries of Asia. The following economic statistics have been produced for the year 2007.
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Which country experienced stagflation in the relevant period?
Examiner's comments. The examiner commented that some students struggled with this question. Stagflation occurs when?economic growth (defined by the change in national income in a period) is low or negative, and inflation is high. So the?relevant figures are percentage change in GDP and change in consumer prices.
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Monetary policy is a government economic policy relating to:
1 Interest rates
2 Taxation
3 Public borrowing and spending
4?Exchange rates
Which of the above are correct?
Which of the following organisations might benefit from a period of high price inflation?
Which of the following are the goals of macroeconomic policy?
1 Encouraging economic growth
2 Low unemployment
3 Achievement of a balance between exports and imports
4 Achieving zero inflation
Which of the following is an example of cyclical unemployment?
A surplus on the balance of payments usually refers to a surplus or deficit on the account.Which word correctly complete this?statement?
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