Paper 2 question on unemployment, the labour market and aggregate demand
IB Economics Paper 2 includes two questions, and students need to choose one. This is a sample Paper 2 question. The time allowed for Paper 2 is 105 minutes, so students should spend 105 minutes on this question. This Paper 2 style question is on unemployment, labour market and aggregate demand. An increase in the size of the labour force, rather than fewer jobs being created, is responsible for the slowdown in the...