Paper 3 question on unemployment, deflationary gaps and the multiplier
IB Economics Paper 3 includes two compulsory questions. This is a sample Paper 3 question. The time allowed for Paper 3 is 105 minutes, so students should spend 52.5 minutes on each question. This Paper 3 style question is on unemployment, deflationary gaps and the multiplier. Question paper Markscheme The Greek unemployment rate increased to 17% in the first quarter of 2021 up from 16.2% in the same period last...