Economics 9708 · AS & A Level · Government macroeconomic policy objectives

Government macroeconomic policy objectives — practice question

Governments establish economic policy aims. Which outcome would be least likely to happen if every one of these aims were met?

  • Aa decrease in the average standard of living
  • Ba decrease in the currency’s foreign exchange rate
  • Can increase in the level of frictional unemployment
  • Dan increase in the rate of inflation

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