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Macro Objectives
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United Kingdom Unemployment Rate
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UK inflation (rpi) 1970 - 2015
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UK Balance of trade in goods and services, current prices 1970 to 2013
Look at the graph and answer the prompt questions.
Why might people be unemployed?
Why might this be a problem?
Any good points?
Why might inflation occur?
Why might this be a problem?
Any good points?
What affects the level of imports and exports?
Why might a current account deficit (M>X) be a problem?
Any good points?
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