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Question 18M.3.HL.TZ0.2b.i

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Date May 2018 Marks available [Maximum mark: 1] Reference code 18M.3.HL.TZ0.2b.i
Level HL Paper 3 Time zone TZ0
Command term Determine Question number b.i Adapted from N/A
b.i.
[Maximum mark: 1]
18M.3.HL.TZ0.2b.i

The following information in parts (a) to (d) refers to the economy of Country Alpha.

Table 1

The graph below shows the short-run Phillips curve (SRPC) for Country Alpha.

(b.i)

Using the graph, determine short-run values for the unemployment rate in 2016 and the inflation rate in 2018. Enter your answers in Table 2 below.

Table 2

[1]

Markscheme

Both cells must have the correct numbers entered for [1].

Syllabus sections