Macroeconomics UE Past Papers Questions.


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(1573) Question Category: True OR False

Frictional unemployment occurs when aggregate demand falls and wages and prices have not adjusted to restore full employment.

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(1574) Question Category: True OR False

Maintaining a low unemployment  rate usually  leads to a higher level of inflation.

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(1575) Question Category: True OR False

The Say`s law suggests that supply creates its own demand.

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(1576) Question Category: True OR False

The IS-IM model assumes that prices are flexible in the shortrun.

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(1577) Question Category: True OR False

Direct government spending is more effective than tax cut when trying to simulate the economy.

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