The Multiple Choice Questions Blog

Which ONE of the following is a possible cost of unemployment to an individual?

Select ONE answer:

1. Reduction in gross domestic product.
2. Loss of market share.
3. Loss of skills.
4. Loss of economies of scale.

Show your workings to arrive at your answer, and explain and justify your reasons:……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple choice question is suitable for Economics KS4 and KS5 classes.

The answer is 3

This work is licensed under a Creative Commons Attribution 4.0 International License.

Which ONE of the following is a possible cost of unemployment to an individual?

Select ONE answer:

1. Reduction in gross domestic product.
2. Loss of self-esteem.
3. Loss of market share.
4. Loss of economies of scale.

Show your workings to arrive at your answer, and explain and justify your reasons:……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple choice question is suitable for Economics KS4 and KS5 classes.

The answer is 2

This work is licensed under a Creative Commons Attribution 4.0 International License.

Which ONE of the following is a possible cost of unemployment to an individual?

Select ONE answer:

1. Reduction in personal income
2. Reduction in gross domestic product.
3. Loss of market share.
4. Loss of economies of scale.

Show your workings to arrive at your answer, and explain and justify your reasons:……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple choice question is suitable for Economics KS4 and KS5 classes.

The answer is 1

This work is licensed under a Creative Commons Attribution 4.0 International License.

Which one of the following is used to measure the standard of living?

Select ONE answer:

1. Economies of scale.
2. Exchange rate.
3. Gross domestic product.
4. Market share.

Show your workings to arrive at your answer, and explain and justify your reasons:……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple choice question is suitable for Economics KS4 or KS5 classes.

The answer is 3

This work is licensed under a Creative Commons Attribution 4.0 International License.