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- Multiple ChoicePlease save your changes before editing any questions.
Unemployment measures include
Students
People who want to work longer hours but can't
Long term sick
Those out of work but not seeking benefits
- Multiple ChoicePlease save your changes before editing any questions.
Which of the following is not an measure of living standards?
Average Income
Average life expectancy
Average years of schooling
Average number of holiday days
- Fill in the BlankPlease save your changes before editing any questions.
GDP = C +? + G + (X-M). What is ?
- Open EndedPlease save your changes before editing any questions.
Define Fiscal Policy
- Multiple ChoicePlease save your changes before editing any questions.
Labour Productivity is best defined as
How much over time workers put in
How hard people work
The output generated per worker
The value of work produced
- Multiple ChoicePlease save your changes before editing any questions.
Select all features of a recession
Increased unemployment
Higher tax rates
Lower interest rates
Falling GDP
- Multiple ChoicePlease save your changes before editing any questions.
Which of the following are indirect taxes?
VAT
Corporation tax
Excise Duty
Income tax
- Multiple ChoicePlease save your changes before editing any questions.
Which of the following are sources of wealth?
Salary
Dividend
Pension Fund
Savings
- Multiple ChoicePlease save your changes before editing any questions.
How much did China's GDP change by in Q1 2020?
Increase 1.2%
Decrease 6.8%
Increase 3.2%
Decrease 2.9%
- Multiple ChoicePlease save your changes before editing any questions.
The Furlough Scheme is estimated to cost the Government how much by the time it come to a close in the Autumn?
£80bn
£90bn
£100bn
£120bn