AQAPaper 2June 202325 marksMacroeconomics
Evaluate how, in the long-run, governments could try to reconcile conflicts between the various objectives of economic policy.
Possible Conflicts between Macroeconomic Policy Objectives — AQA Past Paper Questions
5 questions on Possible Conflicts between Macroeconomic Policy Objectives (AQA specification 2.3.4) from the A-Level Economics papers, 2017–2023. Every question links to the official mark scheme at the page its answer begins on.
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AQAPaper 2June 20224 marksMacroeconomics
Explain how the data in Extract D (Figures 3 and 4) show that there may be a short-run trade-off between unemployment and inflation.
AQAPaper 2June 202025 marksMacroeconomics
Evaluate the view that the main objectives of UK government macroeconomic policy can be achieved without conflicting with each other.
AQAPaper 2June 20189 marksMacroeconomics
Extract E (lines 16–17) states ‘However, some argue that trying to maintain stable prices and low unemployment could create trade-offs.’ With the help of a diagram, explain why a trade-off between price stability and low unemployment might occur.
AQAPaper 2June 201725 marksMacroeconomics
Discuss the view that falling unemployment will inevitably lead to trade-offs with other macroeconomic policy objectives.
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Related topics
- 2.3.1 Growth and the Economic Cycle 12 questions
- 2.3.2 Employment and Unemployment 10 questions
- 2.3.3 Inflation and Deflation 9 questions
- 2.1.2 Macroeconomic Indicators 4 questions
- 2.1.4 Uses of National Income Data 9 questions
- 2.2.3 Determinants of AD 4 questions
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