A. 134.0 million
B. None of theses answers
C. 92.3 million
D. 98.0 million
Refer to Figure 1 The labour fouce is ? Read More »
Economics Mcqs, Labour Market A. The natural rate of unemployment
B. cyclical unemployment
C. efficiency wage unemployment
D. frictional unemployment
The amount of unemployment that the economy normally experiences is known as ? Read More »
Economics Mcqs, Labour Market A. The upward accelerator
B. The downward multiplier
C. The upward PPF
D. The downward mpc
A. Increased training
B. Providing more information
C. Helg individuals to move location to find work
D. Increasing spending on existing industries
Which of the following is not a supply side measure ? Read More »
Economics Mcqs, Labour Market A. Increase interest rates
B. Encourage savings
C. Cut taxes
D. Reduce government spending
If there is cyclical unemployment in the economy the government might ? Read More »
Economics Mcqs, Labour Market A. unemployment benefits increase
B. Income tax increases
C. More training is available for the unemployed
D. Geographical immobility increases
The natural rate of unemployment is likely to fall if ? Read More »
Economics Mcqs, Labour Market A. Frictional unemployment
B. Seasonal unemployment
C. Cyclical unemployment
D. Structural unemployment
If people are made unemployed because of a fall in aggregate demand this is known as ? Read More »
Economics Mcqs, Labour Market A. Occupational immobility
B. Cyclical unemployment
C. Structural immobility
D. Geographical immobility
If employees cannot accept a job because of the costs of moving this is known as ? Read More »
Economics Mcqs, Labour Market A. Marginal revenue = marginal product
B. Marginal cost = marginal product
C. Marginal revenue product = average cost of labour
D. Marginal revenue product = marginal cost of labour
A profit maximising firm will employ labour up to the point where ? Read More »
Economics Mcqs, Labour Market A. Upward slog due to the law of demand
B. Upward slog due to the law of marginal utility
C. Downward slog due to the law of diminishing returns
D. Downward slog due to the law of supply
The Marginal Revenue Product is ? Read More »
Economics Mcqs, Labour Market