lostcase23
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#1
can someone please help me with the following questions pleaseeand be 100% sure as I do not have enough time to check it again sorry but yh pleaseee

1) All other things being equal, low inflation is most likely achieved if there is decrease in .......
a) productivity
b) the price of imports
c) the price of exports
d) the value of the exchange rate

2) when the economic is in the phase of the economic cycle
a) there is likely to be a negative output gap
b) it is likely that unemployment is high and rising
c) there is likely to be a positive output gap
d) interest rates will always be high

3) aggregate demand may rise as a result of a decrease in
a) the budget deficit
b) investment relative to savings
c) exports
d) imports

4)"the mines were shut down and miners didnt have the skills to do anything else"
This statement best describes which type of unemployment
a) seasonal
b) structural
c) Cyclical
d) Frictional

5) In 2015, the euro fell against the pound. All other things being equal, which of the a,b,c,d best indicates the likely consequences for a eurozone country such as france
a) Growth rises, exports rise,unemployment falls
b) Unemployment rises, export rises, growth rises
c) Export rise, growth falls, unemployment falls
d) Export falls, growth falls, unemployment falls

6) A reduction in corporation tax rates is likely to bring about the following benefits for an economy
a) A reductions in tax revenue
b) A rise in investment
c) A reduction in productivity
d) A slowdown in the trend rate of growth

I hope someone can figure the right answers and please make sure its right Thanksss
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