An individual who is not working for work is classified as
Unemployable
Unemployed
Hardcore unemployed
A discouraged worker
Unemployment resulting from changes in the pattern of demand or supply in the economy is called
Regional
Technological
Structural
Frictional
Unemployment resulting from real wages being above their equilibrium level is called ______ unemployment.
Disequilibrium
Natural
Unemployment resulting from imperfect information in the labour market is called
An increase in the average level of prices of goods and services is.
Deflation
Recession
Depression
inflation
According to the original phillips curve as unemployment falls
Inflation decrease
Inflation remains unchanged
Inflation increases
Outfalls
The greater the marginal propensity to import
The smaller the spending multiplier
The greater the spending multiplier
The greater net exports
The greater demand
The percentage of the labour force that is unemployed is the
Labour force rate
Unemployment rate
Employment rate
Unemployment population ratio
Which of the following is true about a period of inflation?
Prices of all goods stay the same or are rising
All prices are rising
The average price level is rising
All of the above
Aggregate demand is the total demand for all goods and services in an economy from.
The household and government sectors
The household sector
All sectors of the economy including the rest of the world
All sectors except the rest of the world
