MACROECONOMIC PROBLEM

The amount of labor used in producing national output known as _____________

• labor force

• unemployment

• employment

If the total employment is 150 000 people and total labor force is 200 000 people, find the value of total unemployment in a country.

• 45 000 people

• 50 000 people

• 55 000 people

Find the unemployment rate of the country if the number of unemployment is 10000 and total labor force is 70000.

• 14.29%

• 15.10%

• 13.90%

When a person loss his job due to replacement of technology in production process, it shows that a person facing ____________

• seasonal unemployment

• technology unemployment

• frictional unemployment

Government can control the unemployment level in a country through the step below EXCEPT

• increase labor mobility

• discourage foreign investment

• spread labor market

Which of the below is NOT the type of unemployment in economics?

• Structural unemployment

• Push unemployment

• Frictional unemployment

• Seasonal unemployment

Economist use _____________ to measure the inflation rate in the economics

• Consumer Income Index

• Consumer Price Index

• Consumer output Index

If the current year consumer price index is more than 100, it shows that the general price level has ________

• unchanged

• decrease

• increase

Find the inflation rate if CPI of current year is 150 and CPI of previous year is 135.

• 11.1%

• 11.9%

• 10.8%

Which of the one below is NOT the causes of inflation in the country?

• Increase in production cost

• Increase in export prices

• Increase in import prices