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Gillespie: Foundations of Economics

Unit 27

Instructions

Choose your answers from a-d by clicking the radio button next to each choice and then press 'Submit' to get your score.

Question 1

If people are made unemployed because of a fall in aggregate demand this is known as:

Question 2

Supply side policies are most appropriate to cure:

Question 3

The natural rate of unemployment is likely to fall if:

Question 4

If the real wage is too high in the labour market:

Question 5

If there is cyclical unemployment in the economy the government might:

Question 6

Occupational immobility of labour occurs if:

Question 7

Which of the following is not a supply side measure?

Question 8

Reducing involuntary unemployment:

Question 9

Less demand in the economy may increase unemployment; this may lead to less spending which may reduce demand further. This is called:

Question 10

To reduce cyclical unemployment the government might: