Which of the following is the most likely cause of a demand deficient unemployment (or cyclical unemployment)?
All of the following are examples of structural unemployment except which one?
If in a boom a government adopted a contractionary (restrictive) monetary policy, a typical business would expect to experience:
i. Higher interest payments on its bank borrowing.
ii. Falling credit based sales.
iii. Higher income and corporate taxes.
iv. Lower sales to government agencies.
v. Difficulties in securing working capital
vi. Higher prices for imported components.
A surplus on the current account of the balance of payments can be financed by