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6. Which of these is a measure of unemployment used by the government?
- British Jobs League
- Claimant Count
- National Employment Register
- Labor Census
7. Which of these is not a type or cause of unemployment?
- Political
- Voluntary
- Frictional
- Structural
8. Which of these is not one of the four main macro-economic objectives of the government?
- Achieving price stability
- Keeping a strong defence sector
- Maintaining full employment
- Economic growth
9. Which one of these is a main policy used by the government to achieve its macro-economic aims?
- Supply-side
- Production
- Congestion
- Corporation
10. When balancing imports and exports, the value of imports and exports must be the same as one another each year.
11. Which cause of inflation could be caused directly by workers or trade unions?
- Consumer-gain
- Wage-price Spiral
- Cost-push
- Demand-pull
12. The Consumer Price Index is the official measure of the rate of inflation.
13. Which country can be seen as an example of the risk of hyperinflation in the 21st Century?
- Zimbabwe
- Italy
- Germany
- Greece
14. If prices of production are not stable, firms will spend more time 'shopping around' for more reasonable prices. This is known as what?
- Inflated Market Costs
- Opportunity Costs
- Shoe Leather Costs
- Menu Costs
15. Balance of payments problems are more likely to occur when the rate of inflation of a country is higher than another one with which they trade.
16. The main source of money into the UK Economy is which tax?
- National Insurance
- Income
- VAT
- Corporation
17. The majority of spending in the UK budget goes into what?
- Health
- Social Protection
- Education
- Debt Interest
18. Which one of these four items is exempt from Excise Duties?
- Alcohol
- Diamonds
- Petrol
- Tobacco
19. Taxpayers have the choice whether to pay indirect taxes or not.
20. If a tax on a person is the same no matter what income they make, what is the name of that type of tax?
- Equilibrium
- Proportional
- Progressive
- Regressive