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6. Which of these would a classical economist not say is a sever cause of unemployment

  • Structural factors
  • Real wage unemployment
  • Cyclical unemployment
  • Frictional unemployment

7. According to the GINI coefficient, which one of these countries is most unequal

  • Norway - 0.37
  • South Africa - 0.49
  • England - 0.45
  • USA - 0.48

8. Which of these affect consumer confidence

  • Microfinance
  • The exchange rate
  • Inflation and real wages
  • The claimant count

9. A surplus on the BOP can be caused by

  • An appreciation of a currency
  • An increase in price level
  • An improvement in productivity
  • A reduction in the quality of goods and services

10. Which of these does not affect the SRAS

  • Money wages
  • The price of raw materials
  • Consumer confidence
  • The exchange rate