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Question 19N.3.HL.TZ0.d

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Date November 2019 Marks available [Maximum mark: 2] Reference code 19N.3.HL.TZ0.d
Level HL Paper 3 Time zone TZ0
Command term Identify Question number d Adapted from N/A
d.
[Maximum mark: 2]
19N.3.HL.TZ0.d

The information in Table 1 refers to Country A (base year: 2011).

Table 1

The central bank of Country A aims to achieve price stability, defined as “inflation below but close to 2 % annually”.

Using the data in Table 1 to support your answer, identify two reasons why many economists would consider Country A’s economy to be performing poorly in 2012.

[2]

Markscheme

NB A response which only states the correct data without specifying that there is high unemployment and deflation may be awarded a maximum of [1].