1.

what are the components of income____________________Required to answer. Single choice.

Y=C + I + G + NX

Y=C + I + G + Imp

Y=C + I + G +exp

2.

fluctuations in price bring uncertainty and instability

to the economyRequired to answer. Single choice.

True

False

3.

What is the best definition of cost-push inflation?Required to answer. Single choice.

Price rising due to an excessive growth in aggregate spending

Price rising due to an increase in the price of a firm's inputs.

4.

If the nominal interest rate is 6 per cent and the inflation rate is 3 per cent, the real interest rate isRequired to answer. Single choice.

18 per cent

3 per cent

9 per cent

5.

When there are vacancies in the job-market, but also high levels of unemployment, then we could say that this unemployment is?Required to answer. Single choice.

Regional

Cyclical

Structural