* not completed

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

Frictional unemployment correct incorrect

Seasonal unemployment correct incorrect

Cyclical unemployment correct incorrect

Structural unemployment correct incorrect

* not completed

. Supply-side policies are most appropriate to cure:

Involuntary unemployment correct incorrect

Cyclical unemployment correct incorrect

Voluntary unemployment correct incorrect

A fall in aggregate demand correct incorrect

* not completed

. The natural rate of unemployment is likely to fall if:

Unemployment benefits increase correct incorrect

Income tax increases correct incorrect

More training is available for the unemployed correct incorrect

Geographical immobility increases correct incorrect

* not completed

. If the real wage is above the equilibrium level in the labour market:

The quantity demanded of labour is higher than the quantity supplied correct incorrect

The quantity demanded of labour equals the quantity supplied correct incorrect

The quantity demanded of labour is lower than the quantity supplied correct incorrect

The real wage will automatically rise in the short run to bring about equilibrium correct incorrect

* not completed

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

Increase interest rates correct incorrect

Encourage savings correct incorrect

Cut income tax correct incorrect

Reduce government spending correct incorrect

* not completed

. The replacement ratio measures

The number of people in work who could be made redundant without affecting the size of the economy correct incorrect

The number of people in employment relative to those unemployed correct incorrect

the benefits available relative to wages that could be earned correct incorrect

The number of people voluntarily unemployed correct incorrect

* not completed

. Which of the following is not a supply-side measure?

Increased training correct incorrect

Providing more information correct incorrect

Helping individuals to move location to find work correct incorrect

Increasing spending on existing industries correct incorrect

* not completed

. Reducing involuntary unemployment:

Helps the economy move on to the Production Possibility Frontier correct incorrect

Helps shift the economy's Production Possibility Frontier inwards correct incorrect

Helps the economy move along its Production Possibility Frontier correct incorrect

Helps the economy move inside the Production Possibility Frontier correct incorrect

* not completed

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

The upward accelerator correct incorrect

The downward multiplier correct incorrect

The upward PPF correct incorrect

The downward mpc correct incorrect

* not completed

. To reduce cyclical unemployment the government might:

Increase the budget surplus correct incorrect

Increase the balance of payments deficit correct incorrect

Increase the budget deficit correct incorrect

Reduce government expenditure correct incorrect