Inflation & Unemployment

Price levels and labor market measures. Ideal for competitive exams and economics prep.

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QUESTION NO 01

Inflation is?

Answer: A sustained rise in the general price level

Purchasing power of money declines with inflation.

Shahzad Mahota @shahzad-mahota

302 Quizzes

2930 Questions

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QUESTION NO 02

Unemployment rate is roughly?

Answer: Unemployed seeking work ÷ labor force

Labor force = employed + unemployed seeking work.

Shahzad Mahota @shahzad-mahota

302 Quizzes

2930 Questions

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QUESTION NO 03

Fiscal policy uses?

Answer: Government spending and taxation

Governments influence demand via budget tools.

Shahzad Mahota @shahzad-mahota

302 Quizzes

2930 Questions

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QUESTION NO 04

Monetary policy is mainly conducted by?

Answer: The central bank

Tools include policy rates and liquidity operations.

Shahzad Mahota @shahzad-mahota

302 Quizzes

2930 Questions

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QUESTION NO 05

An expansionary fiscal policy might include?

Answer: Higher spending or lower taxes

It aims to boost aggregate demand.

Shahzad Mahota @shahzad-mahota

302 Quizzes

2930 Questions

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QUESTION NO 06

A recession is commonly associated with?

Answer: Falling output and rising unemployment

Activity contracts across the economy.

Shahzad Mahota @shahzad-mahota

302 Quizzes

2930 Questions

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QUESTION NO 07

The multiplier effect suggests that?

Answer: An initial spending increase can raise income by more than itself

Respending of income amplifies effects.

Shahzad Mahota @shahzad-mahota

302 Quizzes

2930 Questions

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QUESTION NO 08

Stagflation refers to?

Answer: High inflation with stagnant growth/high unemployment

It challenges simple demand-management recipes.

Shahzad Mahota @shahzad-mahota

302 Quizzes

2930 Questions

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QUESTION NO 09

Aggregate demand includes?

Answer: C + I + G + (X − M)

Consumption, investment, government, net exports.

Shahzad Mahota @shahzad-mahota

302 Quizzes

2930 Questions

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QUESTION NO 10

A progressive tax system means?

Answer: Higher incomes face higher tax rates

Average/marginal rates rise with income.

Shahzad Mahota @shahzad-mahota

302 Quizzes

2930 Questions

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Shahzad Mahota

@shahzad-mahota

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Inflation & Unemployment

Inflation is?

Unemployment rate is roughly?

Fiscal policy uses?

Monetary policy is mainly conducted by?

An expansionary fiscal policy might include?

A recession is commonly associated with?

The multiplier effect suggests that?

Stagflation refers to?

Aggregate demand includes?

A progressive tax system means?

Published By

Shahzad Mahota

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00

00

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Inflation & Unemployment

Inflation is?

Explanation

Unemployment rate is roughly?

Explanation

Fiscal policy uses?

Explanation

Monetary policy is mainly conducted by?

Explanation

An expansionary fiscal policy might include?

Explanation

A recession is commonly associated with?

Explanation

The multiplier effect suggests that?

Explanation

Stagflation refers to?

Explanation

Aggregate demand includes?

Explanation

A progressive tax system means?

Explanation

Published By

Shahzad Mahota

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00

00

00

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