1.
The abolition of income tax would probably ______ the number of workers in employment and _______ the equilibrium rate of unemployment?
2.
Policies to reduce unemployment by reducing union power, tax cuts, reductions in unemployment benefit and investment subsidies are examples of ?
3.
The equilibrium rate of unemployment at any real wage, is the difference between ______ and ______?
4.
A person who is made redundant because of the contraction of an industry is a victim of ?
5.
The Short run Phillips curve can shift in response to changes in ?
6.
The Phillips curve shows the trade-off between _____ and _____?
7.
During Periods of rising inflation and rising interest rates we expect the demand for real cash to ?
8.
The quantity theory of money says that changes in ____lead to equivalent changes in ____ but have no effect on ______?
9.
Expansionary fiscal policy in the classical model will cause aggregate demand to _______ potential output?
10.
At the intersection of AD and AS equilibrium is achieved in ?
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