Australia's Labor Market Remains Key to RBA Policy

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Business, Life Skills
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University
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the main reasons for the sluggish wage growth in Australia despite high employment rates?
High levels of productivity
Rising underemployment
Decreasing household debt
Strong job security
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does the Reserve Bank of Australia view the connection between wage growth and financial stability?
They see no connection
They believe wage growth is unrelated to financial stability
They see a strong connection between wage growth and financial stability
They think wage growth only affects inflation
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the expected change in the number of jobs according to the forecasts discussed?
Increase by 25,000
Remain the same
Decrease by 10,000
Increase by 5,000
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the anticipated unemployment rate by the end of 2017 according to the forecasts?
6.0%
5.6%
6.5%
5.9%
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the minimum number of jobs needed per month to prevent a rise in unemployment?
10,000
16,000
20,000
25,000
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