A. Those who could claim benefit if they were to become unemployed.
B. The population between school leaving age and retirement age.
C. Anyone who is working or actively seeking work
D. Those of working age who are seeking work and are available to for work at current wage rates.
A. A discouraged worker:
B. Unemployed.
C. Hard core unemployed.
D. Unemployable
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. The ecu
B. Currency swap agreement between member
C. The exchange rate mechanism
D. All of the above
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. low inflation
B. low interest rates
C. stable nominal exchange rates
D. budget deficits and government debt under control
A. Interest rate adjustment
B. Central bank intervention in the forex
C. Domestic wage and price adjustment
D. Devaluation
A. A policy
B. A way of reaching a target
C. A target
D. A strategy
A. Crowds out imports
B. Crowds out public consumption
C. Crowds out exports
D. Reduces the budget deficit