HSC Economics All Topics Quiz Post Trials

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• D

• A

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• D

• A

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• A

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An increase in which of the following is most likely to contribute to an INCREASE in aggregate supply?

• Structural change

• Discretionary government expenditure

• Unemployment

• International Competiteveness

What types of unemployment exist at NAIRU?

• Structural

• Structural, Frictional

• Structural, Frictional, Hidden

• Structural, Frictional, Hidden, Cyclical

If headline inflation is found to be HIGHER than underlying inflation for a certain year, which of the following may be the most likely cause?

• A rapid increase in Oil supply

• A rapid decrease on house prices

• A 40% increase in the fuel excise

• An increase in demand for electric vehicles

Answer the question

• C

• A

• D

• B

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• C

• A

• B

• D