:






) structural unemployment



) cycle unemployment

) true unemployment

 

* Match the definition with the term:

A maximum amount that the economy can produce.

) real output

) aggregate real output

) productive inputs

) production possibilities

 

* Match the definition with the term:

A date or time by which you have to do or complete something.

) endline

) finishline

) deadline

) deadlock

 

* Odd one out:

The type of unemployment that does not exist:

) frictional unemployment

) structural unemployment

) cycle unemployment

) phase unemployment

 

* Odd one out:

Fiscal activities of the government do not include:

) government spending

) taxes

) transfer payment

) subsidies

 

* Odd one out:

The sources of macroeconomic stability do not include:

) predictability

) automatic stabilizer

) government expenditures stability

) the governments transfer system

 

* Odd one out:

Potential real output is not determined by:

) the natural resources available to an economy

) the number of the population of a country

) the technologies available within an economy

) the accumulated amount of capital

 

* Odd one out:

The keys to successful problem solving do not include:

) using employees suggestions

) drawing employees contributions

) following your own decisions

) following up the results

 

* Odd one out:

Relationship behaviour does not imply:

) supporting

) facilitating

) encouraging

) manipulating

 

* Odd one out:

The important skills for motivating and controlling people toward accomplishment of planned objectives do not include:

) understanding past behaviour

) imitating past behaviour

) predicting future behaviour

) directing, changing and controlling behaviour

 

* Odd one out:

Leadership styles do not include:

) telling

) demanding

) selling

) delegating

 

* Fill in the blanks with appropriate word:

There will be an equilibrium in a labor market on condition labor resources are

) employed

) used

) available

) produced

 

* Fill in the blanks with appropriate word:

Published unemployment data usually the true unemployment.

) overestimate

) underestimate

) estimate

) reflect

 

* Fill in the blanks with appropriate word:

When labor is unemployed, nominal wage will begin to

) increase

) change

) fluctuate

) decrease



 

* Fill in the blanks with appropriate word:

As real wages fall, real output in its turn will

) increase

) change

) stabilize

) decrease

 

* Fill in the blanks with appropriate word:

Unemployment is a consequence of wages.

) nominal

) real

) sticky nominal

) average

 

* Fill in the blanks with appropriate word:

A recession will be accompanied by prices and nominal wages.

) increasing

) decreasing

) sticky

) changing

 

* Fill in the blanks with appropriate word:

Individual consumption is affected by individual

) investment

) income

) saving

) capital

 

* Fill in the blanks with appropriate word:

Investment occurs when real output is used to the existing capital stock.

) increase

) change

) stabilize

) decrease

 

* Fill in the blanks with appropriate word:

Increased government expenditure increases aggregate

) demand

) supply

) real output

) income

 

* Fill in the blanks with appropriate word:

Appropriate fiscal policy will be more effective if stimulative policies interest rates.

) stabilize

) do not stabilize

) affect

) do not affect

 

* Fill in the blanks with appropriate word:

An automatic stabilizer automatically expenditures when an economy enters a recession.

) stabilizes

) changes

) increases

) decreases

 

* Fill in the blanks with appropriate word:

An automatic stabilizer automatically expenditures when an economy enters a period of inflation.

) stabilizes

) changes

) increases

) decreases

 

* Fill in the blanks with appropriate word:

Because of the unemployment of more people during a recession, increase(s).

) government subsidies





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