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

Price stability and inflation — practice question

The graph shows the unemployment percentage for everyone aged 16 and above, as well as for young people aged 16–24. What effect does this have on consumer expenditure on products purchased by the 16–24 age group over the period 2010–2020?

  • Aa fall in consumer expenditure across the whole period
  • Ban initial fall in consumer expenditure followed by a rise
  • Can initial rise in consumer expenditure followed by a fall
  • Da rise in consumer expenditure across the whole period

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