RK

short term interest rates in the eurozone are set by
the European central bank
1 of 5
unemployment due to people moving from one job to another
Frictional unemployment
2 of 5
an appreciation in a countries exchange rate will result in
an increase in its exports to other countries
3 of 5
which is not a component to aggregate demand
employment
4 of 5
if an 8% price rise causes a 12% contraction in demand, then demand is said to be
price elastic
5 of 5

Other cards in this set

Card 2

Front

unemployment due to people moving from one job to another

Back

Frictional unemployment

Card 3

Front

an appreciation in a countries exchange rate will result in

Back

Preview of the front of card 3

Card 4

Front

which is not a component to aggregate demand

Back

Preview of the front of card 4

Card 5

Front

if an 8% price rise causes a 12% contraction in demand, then demand is said to be

Back

Preview of the front of card 5

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