Other questions in this quiz

2. Which of these is a solution to unemployment

  • All of the above
  • None of the Above
  • Foreign Loans
  • Subsidies
  • Reducing Indirect taxation

3. What causes technological unemployment

  • Failures in technology making workers temporarily unemployed
  • A lack of technological skil
  • Capital replacing human labour
  • Foreign labour replacing domestic labpur

4. What is the consequence of a person being "frictionally unemployed"

  • Falling living standards
  • Increased crime rates
  • Temporary unemployment
  • Falling real wages

5. The formula for the unemployment rate is....

  • number of unemployed people divided by the number of people in the economy’s labour force
  • The country's labour force over the number of firms in the economy
  • The eligible labour force over the adult population
  • Claimant count number divided by Labour Force survey number

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