A. ratio of the frictional unemployment rate to the cyclical unemployment rate.
B. Sum of structural unemployment and cyclical unemployment.
C. Sum of frictional unemployment and cyclical unemployment
D. sum of frictional unemployment and structural unemployment.
A. fiscal policies
B. incomes policies
C. supply-side policies
D. monetary policies
A. falls; falls; falls; surplus
B. falls; rises; falls; surplus
C. is static; low; rises; deficit
D. rises; falls; rises; deficit
A. interest rate adjustment
B. central bank intervention in the Forex
C. domestic wage and price adjustment
A. rise; rise
B. rise; fall
C. fall; fall
D. fall; rise
A. A policy
B. A way of reaching a target
C. A target
D. A strategy
A. European union, single market
B. Western European, single currency area
C. European Union, single currency area
D. Western European, single market
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. not change the unemployment rate
B. decrease the unemployment rate
C. increase the unemployment rate
D. have an indeterminate impact on the unemployment rate
A. of products produced by a given industry.
B. produced by the government
C. of labour supplied by all households
D. of goods and services produced in an economy.