A person who is made redundant because of the contraction of an industry is a victim of ?

Related Mcqs:

The view of the Phillips curve that prevailed in the 1960s implied that policies that ?

A. lower unemployment rate will tend to lower the inflation rate B. lower unemployment rate will tend to raise the inflation rate C. raise inflation rate will tend to raise the unemployment rate D. lower inflation rate will tend to raise the unemployment rate...

The expectations augmented Phillips curve was the Work of which group of economists ?

A. New classical economists B. Keynesian. C. Monetarists D. Marxists....

The classical view of the labor market is basically consistent with the assumption of _________ aggregate supply curve?

A. a vertical (or almost vertical) B. a downward sloping C. a horizontal (or almost horizontal) D. an upward sloping...

The AD schedule indicates that _______ inflation is associated with ________ output?

A. higher, lower B. higher, higher C. lower, lower D. zero, zero...

In the classical model, potential output cannot be increased by ?

A. monetary growth B. better technology C. more capital D. higher labor supply...