Economics Mcqs

A. Those who could claim benefit if they were to become unemployed.
B. The population between school leaving age and retirement age.
C. anyone who is working or actively seeking work
D. Those of working age who are seeking work and are available to for work at current wage rates.

A. Normative economics
B. Positive economics
C. Objective economics
D. Reality economics

A. Lower interest rates
B. Lower taxation rates
C. Lower government spending
D. Lower inflation

A. Pay rates within the private sector
B. pay rates in the public sector
C. investment in education
D. Benefits available for the unemployed and sick

A. Spending on health
B. Spending on defence
C. Firms investment decisions
D. Spending on education

A. A policy
B. A way of reaching a target
C. A target
D. A strategy

A. interest rate adjustment
B. central bank intervention in the Forex
C. domestic wage and price adjustment
D. devaluation

A. low inflation
B. low interest rates
C. stable nominal exchange rates
D. budget deficits and government debt under control
E. all of the above

A. permanently fixed capital movements floating exchange rates a fixed structure of interest rates
B. permanently fixed exchange rates, free capital movements, a single interest rates
C. a common currency a single central bank, common monetary policy
D. a common currency floating exchange rates common monetary policy

A. European union, single market
B. Western European, single currency area
C. European Union, single currency area
D. Western European, single market