Gce Model Questions Vol1 2024 Economics Question 10
Practice essay / theory question 10 from the 2024 Gce Model Questions Vol1 Economics examination. This question covers Unemployment, Labour market policies, Phillips curve, Fiscal policy .
Country Y has a labour force of 10 million people. The distribution of workers across three sectors and the sector‑specific unemployment rates are shown in the table. | Sector | Share of labour force | Unemployment rate | |---------------|-----------------------|-------------------| | Agriculture | 30 % | 14 % | | Manufacturing | 25 % | 10 % | | Services | 45 % | 9 % | National statistics, however, report an overall unemployment rate of 12 %. Answer the following questions.
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This is Gce Model Questions Vol1 2024 Economics Question 10. It is one of the essay questions from the 2024 Gce Model Questions Vol1 Economics examination.
The question covers Unemployment, Labour market policies, Phillips curve, Fiscal policy .
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