Category: Macroeconomic Issues and Analysis

A. current account
B. interest rate
C. tax
D. price

A. depreciate
B. not be affected
C. fluctuate more than it would do therwise
D. appreciate

A. it allows countries to exploit their comparative advantage, more fully
B. firm could more readily exploit
C. economies of scal
D. it intensified competition
E. it is easier to book holidays in member countries

A. Portion of unemployment that is due to the normal working of the labour market
B. Portion of unemployment that is due to changes in the structure of the economy that results in a significant loss of jobs in certain industries.
C. Unemployment that results when people become discouraged about their chances of finding a job so they stop looking for work.
D. Unemployment that occurs during recessions and depressions.

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

A. money supply targets
B. income policy
C. interest rates
D. inflation targets

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

A. higher import prices, higher wages increases
B. lower export prices, lower imports volumes
C. higher import prices, lower export prices
D. higher wage increases lower import volumes

A. fluctuate more than it would do otherwise
B. appreciate
C. depreciate
D. not be affected

A. interest rates
B. competitiveness
C. trade
D. speculation