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Question 21M.3.HL.TZ0.2f.i

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Date May 2021 Marks available [Maximum mark: 2] Reference code 21M.3.HL.TZ0.2f.i
Level HL Paper 3 Time zone TZ0
Command term Describe Question number f.i Adapted from N/A
f.i.
[Maximum mark: 2]
21M.3.HL.TZ0.2f.i

Table 4 provides data relating to Country Y.

Table 4

(f.i)

With reference to the short-run Phillips curve, describe the relationship between inflation and unemployment in Country Y for the period 2011 to 2016.

[2]

Markscheme

Examiners report

Generally well-answered. Candidates were able to state the Phillips curve relationship and identify this relationship in Country Y between 2011 and 2016. 

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