MACRO Aims: 1. Unemployment Flashcards
1
Q
What is Unemployment?
A
2
Q
How is the Unemployment RATE calculated?
A
3
Q
Describe two methods of calculating unemployment?
A
4
Q
Describe the positive and negative effects of high levels on UNEMPLOYMENT on an ECONOMY
A
5
Q
Draw a graph showing CYCLICAL UNEMPLOYMENT
A
6
Q
What are the main TYPES of UNEMPLOYMENT?
A
7
Q
FISCAL POLICIES (Demand-Side Policies) to reduce unemployment
A
8
Q
MONETARY POLICIES (Demand-Side Policies) to reduce unemployment
A
9
Q
SUPPLY SIDE POLICIES to reduce unemployment
A
10
Q
Discuss how an increase in employment in Scotland is likely to affect the UK government’s finances.
A
11
Q
Describe ways a government can improve the geographical mobility of labour.
A
