Paper 3 question on unemployment, deflationary gaps and the multiplier

IB Economics: Paper 3 question on unemployment, deflationary gaps and the multiplier

This section includes a paper 3 style examination question and markscheme from the new syllabus. The question and markscheme are based on the IB approach to setting paper 3 style questions which have a quantitative and policy approach. The markscheme also includes a sample answer to the part b section.The question is based on data and some text that the students need to use to answer the different sub-questions. This...


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