ITS QUIZ TIME :)

Question 1

It is the goal of every government of a economy to achieve a high level of employment

Accepted Answer

true

Question 2

Inflation caused by rising costs of production increasing final costs.

Accepted Answer

Cost Push Inflation

Question 3

results from reduced demand for goods/services during the economic recession

Accepted Answer

cyclical unemployment

Question 4

When people are unemployed a certain time of the year is...

Accepted Answer

seasonal unemployment

Question 5

Ireland is an attractive country for FDI because

Accepted Answer

we all speak english

Question 6

Inflation caused by too much money chasing too few goods.

Accepted Answer

Demand Pull Inflation

Question 7

The opposite of inflation, a lowering of average price levels.

Accepted Answer

Deflation

Question 8

Hitler party which came into power in 1933 is known as

Accepted Answer

Nazi party

Question 9

which of the following is not a category in the cpi basket of goods

Accepted Answer

toilet paper

Question 10

Inflation is defined as a rise in _____________ price levels.

Accepted Answer

Overall

Question 11

Which group of persons is most hurt by inflation?

Accepted Answer

Fixed Income Persons

Question 12

full employment exists when everybody .................... is employed at existing wage rates

Accepted Answer

seeking work

Question 13

Unemployed becuase their skills are no longer in demand due to technical progress/comp

Accepted Answer

structural unemployment

Question 14

Grand Central Terminal, Park Avenue, New York is the world's

Accepted Answer

largest railway station

Question 15

Which of these are NOT strategies for reducing unemployment in ireland

Accepted Answer

raise co orporation tax

Question 16

Inflation is measured by using a tool called

Accepted Answer

Consumer Price Index

Question 17

a santa impersonator would be an example of what unemployment?

Accepted Answer

seasonal

Question 18

Which famous tennis star recently failed a drugs test for taking the drug meldonium

Accepted Answer

Maria Sharapova

Question 19

Which of the following is not a type of unemployment

Accepted Answer

laziness

Question 20

How many players are (on the field) in a men's lacrosse team (one team not both teams):

Accepted Answer

10

Question 21

Where in Ireland can you find the official statistics on inflation in ireland?

Accepted Answer

CSO

Question 22

The flag of which country has the Star of David?

Accepted Answer

ISRAEL

Question 23

How many years are in a decade?

Accepted Answer

10

Question 24

Which Country won the 2006 Football World Cup?

Accepted Answer

italy

Question 25

What problems are caused by high inflation?

Accepted Answer

wage demands, Lower standard of living

ITS QUIZ TIME :)

Questions 25

ITS QUIZ TIME :)

Questions 25