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.

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter29: Exchange Rates And International Capital Flows

Section: Chapter Questions

Problem 25CTQ: If a countrys currency is expected to appreciate in value, what would you think will be the impact...

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