Economics 9708 · AS & A Level · Balance of payments

Balance of payments — practice question

The graphs present consumer prices and employment in Ireland for 2002-2007. What can be concluded from the graphs?

  • ABetween 2003 and 2004, unemployment and prices moved in the same direction.
  • BPrices were at their lowest in 2004.
  • CPrices rose continuously over the period.
  • DThe number of unemployed workers fell over the period.

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