A. The price of houses in karachi
B. The wage rate for plumbers in Islamabad
C. Your decision to work or stay at home
D. The level of unemployment is pakistan
Macroeconomic Issues and Analysis
Which of the following is not involved with fiscal policy ?
A. Income tax
B. National insurance
C. VAT
D. Interest insurance
Which of the following is not a macroeconomic issue ?
A. Unemployment
B. Inflation
C. The wages paid to footballers
D. Economic growth
Which of the following is a policy instrument as opposed to a government objective ?
A. lower interest rates
B. A better balance of trade position
C. Faster economic growth
D. Lower unemployment
Which of the following is not likely to be government objective ?
A. Increasing employment
B. Increasing economic growth
C. Increasing government spending
D. Increasing the level of exports
The percentage of the labour force that is unemployed is the ?
A. Unemployment population ratio.
B. Unemployment rate
C. employment rate
D. Labour force rate.
Since 1998 many government have defined unemployment using ?
A. a labour force survey.
B. the number out of work and claiming benefit
C. the percentage of the labour force not in work
D. the ILO/OECD standardised unemployment measurement
Classifying discouraged workers as unemployed would ?
A. not change the unemployment rate
B. decrease the unemployment rate
C. increase the unemployment rate
D. have an indeterminate impact on the unemployment rate
Aggregate demand is the total demand for all goods and services in an economy from ?
A. the household and government sectors
B. the household sector.
C. all sectors of except the rest of the world
D. all sectors of the economy including the rest of the world.
Unemployment resulting from real wages being above their equilibrium level is called ……… unemployment?
A. natural
B. frictional
C. disequilibrium
D. structural