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UNEMPLOYMENT AND INFLATION

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Nurul Rifhan

Malaysia

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CHAPTER 4


CHAPTER 4Version en ligne UNEMPLOYMENT AND INFLATION par Nurul Rifhan 1 What is business cycle? a The fluctuation of economic activity over time b The increase in prices every year c The movement of workers between jobs d A period of government taxation 2 Which of the following is the correct sequence of the business cycle? a Recovery → Peak → Recession → Trough b Recession→ Peak → Recovery → Trough c Trough→Recession →Recovery → Peak d Peak → Recovery → Recession → Depression 3 What happen during peak stage? a Unemployment is high b Prices fall sharply c Product and income are at their maximum d Consumer confidence is low 4 Which type of inflation occurs when demand rises faster than supply? a Cost-push inflation b Demand-pull inflation c Imported inflation d Structural inflation 5 Which type of inflation is cause by higher production costs? a Cost-push inflation b Demand-pull inflation c Imported inflation d Structural inflation 6 Which policy is used to reduce money supply in the economy? a Expansionary fiscal policy b Contractionary monetary policy c Expansionary monetary policy d Price subsidy policy 7 What is unemployment? a People working part-time b People who are able and willing to work but cannot find jobs c Students looking for internships d Retired people 8 Which of the following people are NOT part of the labour force? a Homemakers b Job seekers c Employed workers d Unemployed but actively looking for work 9 Which type of unemployment occurs due to economic recession? a Frictional b Structure c Cyclical d Seasonal 10 What does compulsary savings aim to achieve? a Increase spending b Reduce disposable income and demand c Increase inflation d Encourage borrowing

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CHAPTER 4

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Créé par

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Photosynthesis vs Cellular Respiration - Practice Quiz

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Spanish Alphabet Listening

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Practice Quiz - Punnett Square, Variation, and Mutations

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UPS 5 Seeing Habits Quiz

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Tissues - Practice Quiz

CHAPTER 4Version en ligne

par Nurul Rifhan

What is business cycle?

Which of the following is the correct sequence of the business cycle?

What happen during peak stage?

Which type of inflation occurs when demand rises faster than supply?

Which type of inflation is cause by higher production costs?

Which policy is used to reduce money supply in the economy?

What is unemployment?

Which of the following people are NOT part of the labour force?

Which type of unemployment occurs due to economic recession?

What does compulsary savings aim to achieve?