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

Price stability and inflation — practice question

Unemployment is generally split into two groups: long-term (more than 12 months) and short-term (less than 12 months). The diagram presents the long-term unemployment rate, expressed as a percentage of total unemployment, for four countries from 2002 to 2007. What is correct about unemployment from the diagram?

  • ACountry W had the lowest percentage of short-term unemployment.
  • BCountry X was least successful in reducing the percentage of long-term unemployment.
  • CCountry Y was least successful in reducing the percentage of short-term unemployment.
  • DCountry Z had the highest percentage of long-term unemployment.

Worked solution & mark scheme

This 1-mark question has a full step-by-step worked solution and mark scheme.

  • Full mark scheme, point by point
  • Step-by-step worked solution
  • Write your answer & get it marked instantly by AI