If there is cyclical unemployment in the economy the government might ?

A. Increase interest rates
B. Encourage savings
C. Cut taxes
D. Reduce government spending

Which of the following is not a supply side measure ?

A. Increased training
B. Providing more information
C. Helping individuals to move location to find work
D. Increasing spending on existing industries

Less demand in the economy may increase unemployment; this may lead to less spending which may reduce demand further. This is called ?

A. The upward accelerator
B. The downward multiplier
C. The upward ppf
D. The downward mpc

A profit maximising firm will employ labour up to the point where ?

A. Marginal revenue = marginal product
B. Marginal cost = marginal product
C. Marginal revenue product = average cost of labour
D. Marginal revenue product = marginal cost of labour

If employees cannot accept a job because of the costs of moving this is known as ?

A. Occupational immobility
B. Cyclical unemployment
C. Structural immobility
D. Geographical immobility

If people are made unemployed because of a fall in aggregate demand this is known as ?

A. Frictional unemployment
B. Seasonal unemployment
C. Cyclical unemployment
D. Structural unemployment

The natural rate of unemployment is likely to fall if ?

A. Unemployment benefits increase
B. Income tax increases
C. More training is available for the unemployed
D. Geographical immobility increases

All of the following are parts of the business cycle except ?

A. Boom
B. Slump
C. Recovery
D. Acceleration

The multiplier accelerator model assumes ____ depends on ______?

A. Consumption expected future profits
B. Investment, interest rates
C. Investment expected future profits
D. Stock building interest rates

The impossibility of negative gross investment provides a ______ to fluctuation in ______?

A. Ceiling, stock building
B. Ceiling, capital prices
C. Floor, output
D. Floor, the capital-output ratio