Pls answer just give answer no explain 7A country experienced a significant fall in unemployment but its inflation rate remained low.What could explain this?AThere was an increase in expenditure on education and training.There was a high level of spare capacity in the economy.C Increased spending on imports had lowered the exchange rate.Wage rates had increased by more than labour productivity. Real output in an economy grows by 1.5% but at the same time the level of unemploymentincreases.8.What can be deduced from this information?ALabour productivity has decreased.Actual output has grown more slowly than potential output.CPopulation of working age has fallen.There has been an increase in the rate of inflation.

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A country experienced a significant fall in unemployment but its inflation rate remained low. What could explain this? A There was an increase in expenditure on education and training. There was a high level of spare capacity in the economy. C Increased spending on imports had lowered the exchange rate. D Wage rates had increased by more than labour productivity.

A country experienced a significant fall in unemployment but its inflation rate remained low. What could explain this? A There was an increase in expenditure on education and training. There was a high level of spare capacity in the economy. C Increased spending on imports had lowered the exchange rate. D Wage rates had increased by more than labour productivity.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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