Economics 9708 · AS & A Level · Price stability and inflation

Price stability and inflation — practice question

(a)[3]

What evidence is given in the information for the statement that youth unemployment has been ‘hit hardest’?

(b)[4]

Explain two reasons why, according to the information, not enough jobs are being created each year in the world.

(c)[5]

Referring to the information and your own knowledge, explain why it is usually important to deal with the problem of rising long-term youth unemployment.

(d)[8]

Using the information given, do you agree that the recovery in the world economy was both ‘weak and uneven’?

Worked solution & mark scheme

This 20-mark question has a full step-by-step worked solution and mark scheme. One marking point: NEETS keep rising as a proportion of the total world workforce, as shown by the chart figures.

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