Economics 9708 · AS & A Level · Efficiency

Efficiency — practice question

The table shows some economic indicators for four countries. Which country is nearest to meeting the main objectives of government economic policy?

  • Achange in GDP 0.47%; rate of inflation 0.8%; unemployment 3.4%; balance of payments +3.3%
  • Bchange in GDP 1.13%; rate of inflation 0.9%; unemployment 10.5%; balance of payments –0.1%
  • Cchange in GDP 1.18%; rate of inflation 1.1%; unemployment 6.9%; balance of payments –3.3%
  • Dchange in GDP 1.45%; rate of inflation 0.1%; unemployment 4.6%; balance of payments +8.5%

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