Macroeconomic Issues and Analysis

A. balance of trade:
B. balance of payments
C. balance of payments on current account
D. visible trade balance

A. rise; rise
B. rise; fall
C. fall; fall
D. fall; rise

A. fiscal policies
B. monetary policies
C. supply-side policies
D. incomes policies

A. fiscal policies
B. monetary policies
C. supply-side policies
incomes policies

A. real balance effect.
B. cash ratio.
C. money illusion.
D. menu costs of inflation.

A. Regional
B. structural
C. seasonal
D. demand-deficient

A. Frictional
B. natural
C. real-wage
D. disequilibrium

A. of products produced by a given industry.
B. produced by the government
C. of labour supplied by all households
D. of goods and services produced in an economy.

A. Portion of unemployment that is due to the normal working of the labour market
B. Portion of unemployment that is due to changes in the structure of the economy that results in a significant loss of jobs in certain industries.
C. Unemployment that results when people become discouraged about their chances of finding a job so they stop looking for work.
D. Unemployment that occurs during recessions and depressions.

A. a discouraged worker:
B. unemployed.
C. hard core unemployed.
D. unemployable