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IB Economics HL 3.3.3 Low unemployment Question Bank

Practise IB Economics SL/HL 3.3.3 by applying low unemployment concepts to exam-style questions.

Syllabus
First assessment 2022
Course
Economics HL
Level
HL

Exam points

  • identify the relevant model, concept or evidence
  • apply the correct subject framework to the question
  • evaluate the result using clear evidence and subject terminology

3.3.3—Low unemployment question 1

[Maximum number: 2]

The information in Table 1 refers to Country A (base year: 2011).

Table 1

Table 1

Calculate the unemployment rate for 2012 and for 2013. Enter your results in Table 1.

The central bank of Country A aims to achieve price stability, defined as "inflation below but close to 2 % annually".

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