Economics 9708 · AS & A Level · Labour market

Labour market — practice question

During a recession, a government chose to sell a state-owned industry that was making a loss to a foreign private company. What is the most likely short-term outcome?

  • Aan improvement in the financial account of the balance of payments
  • Ban improvement in the level of unemployment
  • Can improvement in the rate of inflation
  • Dan improvement in the trade account of the balance of payments

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