Economics 9708 · AS & A Level · Economic growth

Economic growth — practice question

What effect is a fall in oil prices likely to have on the global economy?

  • Aa decrease in the rate of economic growth
  • Ba decrease in unemployment
  • Ca strengthening of cost-push inflation
  • Da weakening of demand-pull inflation

Worked solution & mark scheme

This 1-mark question has a full step-by-step worked solution and mark scheme.

  • Full mark scheme, point by point
  • Step-by-step worked solution
  • Write your answer & get it marked instantly by AI