U.K. Wages Lag as Unemployment Falls to 42-Year Low
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Business
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Hard
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5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the unexpected change in the UK's weekly earnings?
Increased to 2.3%
Decreased to 2.1%
Remained at 2.2%
Increased to 2.5%
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why might Mark Carney need to write to the chancellor?
Because unemployment increased
Because wage growth exceeded 3%
Because inflation was near 3%
Because inflation was below 2%
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What has been a significant factor in mitigating the impact of economic slowdown in the UK?
Decrease in inflation
Increase in consumer debt
Decrease in consumer debt
Increase in public sector wages
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the current state of the UK's jobless rate?
Lowest in four decades
Highest in two decades
Unchanged from last year
Increasing steadily
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the MPC's current stance on monetary policy?
Completely unified
Fairly split
Very hawkish
Very dovish
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