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Which type of unemployment is this?
Part of a country's unemployment figures will consist of people moving between jobs. Which type of unemployment is this?A . Structural unemploymentB . Cyclical (or demand deficient) unemploymentC . Frictional unemploymentD . Real wage unemploymentView AnswerAnswer: C
Which ONE is the exception?
All of the following are objectives of not-for-profit organizations except one. Which ONE is the exception?A . Value for moneyB . Maximization of financial surplusesC . Serving the public interest effectivelyD . Efficient use of physical and human resourcesView AnswerAnswer: B
All of the following are elements of a supply side policy except which one?
All of the following are elements of a supply side policy except which one?A . Reductions in the marginal rates of taxation.B . Increased entitlement to social security and unemployment benefits.C . Increased public expenditure on education and training.D . Privatization of public sector industries.View AnswerAnswer: B
It is considering delaying it in case the government introduces special tax breaks for investment that will reduce the tax the firm pays. In which stage of the trade cycle is the government least likely to reduce taxation?
A firm is considering a large capital investment project. It is considering delaying it in case the government introduces special tax breaks for investment that will reduce the tax the firm pays. In which stage of the trade cycle is the government least likely to reduce taxation?A . RecessionB ....
Which of the following statements about the difference between profit and shareholder wealth is false?
Which of the following statements about the difference between profit and shareholder wealth is false?A . Shareholder wealth considers financial returns over a longer period than profitB . Shareholder wealth takes risk into accountC . Shareholder wealth is a discounted present value of anticipated future earnings but profit is just...
All of the following are examples of structural unemployment except which one?
All of the following are examples of structural unemployment except which one?A . Redundancies in shipbuilding caused by competition from abroad.B . Falling employment in manufacturing industry resulting from a decline in consumer incomes.C . Unemployment in coal mining caused by the advent of new energy sources.D . Above average...
Which of the following statements about macroeconomic policy objectives is correct?
Which of the following statements about macroeconomic policy objectives is correct?A . Governments always regard control of inflation as the most important policy objectiveB . Conflicts between objectives mean that macroeconomic policy can never be regarded as successfulC . Expanding demand to reduce unemployment may mean that the balance of...
Which of the following is not a consequence of a country suffering a high rate of inflation?
Which of the following is not a consequence of a country suffering a high rate of inflation?A . A depreciation in its exchange rate compared to currencies from countries with lower inflation ratesB . A high nominal rate of interestC . Impoverishment of households on fixed incomesD . Excess aggregate...
All of the following would lead to an a reduction in the country's trade deficit except which one?
A country has a trade deficit. The demand for its imports and exports are both price elastic. All of the following would lead to an a reduction in the country's trade deficit except which one?A . A fall in consumer incomes in the country.B . An improvement in the country's...
A business would benefit most from an appreciation in the currency of the country in which it is based if:
A business would benefit most from an appreciation in the currency of the country in which it is based if:A . it exports to other countries a significant proportion of its outputB . it imports a high proportion of the raw materials and components it usesC . in its domestic...
