CAIE A-Level Economics A2 9.2.3 Business Cycle Questions
Practise identifying business-cycle phases, recessions and automatic stabilisers from GDP data, tax systems and benefit payments.
- Syllabus
- 2026–2028
- Course
- Economics 9708
- Level
- A2
Practise identifying business-cycle phases, recessions and automatic stabilisers from GDP data, tax systems and benefit payments.
The table shows the annual percentage economic growth rates of three countries from 2012 to 2018.
What can be concluded from the table?
Brazil was in the downturn of its trade cycle in 2015.
Japan's real GDP was at its smallest in 2014.
Spain experienced the worst recession of the period.
Spain was in the downturn of its trade cycle in 2014.
A