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Macro question

Anyone know how to do this question?
(edited 2 years ago)
20210430_174303.jpg452.5KB
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Avatar for al131859
al131859
8
Original post by Shoaibrasool2
Anyone know how to do this question?


This is such a strange question!!! I would look at the impact of unemployment- such as the poverty cycle etc and how this ipacts the mentality and morale of people, even look at income inequality. Then have a look at the mention of inability to repay debt, adding to stress, could link it to the downward spiral of people and how this lowers self worth and intensifies the unemployement as people do not feel able to access employment. In order to evaluate, I think you could talk about how it depends on the time period this is for, as the impact of inflation is likely to be short term, as the governments would intervene etc. I think thats the main points that examiners would want you to say, but maybe have a look at the mark scheme?!
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Avatar for kwiffwaf
kwiffwaf
4
what paper is this question from ?

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