CSEC Economics · May/June 2013 · Paper 2 · Question 5(a)(i)
Section II offers a choice of two out of four essay-style questions.
Define 'deflation'.
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Practise this questionOther parts of this question
- 5(a)(ii)Define 'unemployment'.[2 marks]
- 5(b)Identify THREE withdrawals from the circular flow of income.[3 marks]
- 5(c)Explain TWO measures that can help minimize seasonal unemployment in an economy.[8 marks]
- 5(d)Discuss TWO challenges trade unions face when seeking to represent workers during an economic recession.[5 marks]
More practice: the rest of this paper · more Macroeconomic Problems: Growth, Inflation, Unemployment, and Trade Unions questions · all CSEC Economics past papers