* not completed

. Which of the following is a macroeconomic issue?

The price of houses in Oxford correct incorrect

The wage rate for plumbers in London correct incorrect

Your decision to work or stay at home correct incorrect

The level of unemployment in the UK correct incorrect

* not completed

. What is meant by an objective?

A policy correct incorrect

A way of reaching a target correct incorrect

A target correct incorrect

A strategy correct incorrect

* not completed

. Which of the following is not part of fiscal policy?

Income tax correct incorrect

National insurance correct incorrect

VAT correct incorrect

Interest rates correct incorrect

* not completed

. Which does the government not control directly?

Spending on health correct incorrect

Spending on defence correct incorrect

Firms' investment decisions correct incorrect

Spending on state education correct incorrect

* not completed

. Which of the following is not a macroeconomic issue?

Unemployment correct incorrect

Inflation correct incorrect

The wages paid to footballers correct incorrect

Economic growth correct incorrect

* not completed

. Which of the following can the government not use directly to control the economy?

Pay rates within the private sector correct incorrect

Pay rates in the public sector correct incorrect

Investment in state education correct incorrect

Benefits available for the unemployed and sick correct incorrect

* not completed

. Which of the following is likely to be a government objective?

Lower unemployment correct incorrect

Negative economic growth correct incorrect

Very high inflation correct incorrect

A recession correct incorrect

* not completed

. Which of the following is a possible government objective?

High borrowing costs correct incorrect

Low income per person correct incorrect

Lower employment correct incorrect

Lower inflation correct incorrect

* not completed

. Which of the following is not likely to be a government objective?

Increasing employment correct incorrect

Increasing economic growth correct incorrect

Increasing government spending correct incorrect

Increasing the level of exports correct incorrect

* not completed

. "Reducing inflation is a more important objective than economic growth" is an example of:

Normative economics correct incorrect

Positive economics correct incorrect

Objective economics correct incorrect

Reality economics correct incorrect