Policies to Reduce Unemployment (HSC SSCE Economics): Quizzes
📚Quizzes
Practise the questions
10 questions from this quiz
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Practise the questions
10 questions from this quiz
What does lasting unemployment reduction require according to economic policy principles?
What does lasting unemployment reduction require according to economic policy principles?
Sustained economic growth over long periods
If structural unemployment is the primary issue, what should governments implement?
If structural unemployment is the primary issue, what should governments implement?
Training programmes to equip workers
Why do macroeconomic policies reduce unemployment?
Why do macroeconomic policies reduce unemployment?
Employment is a derived demand of production
What is Australia's target economic growth rate per year?
What is Australia's target economic growth rate per year?
3% or more
How many consecutive years without recession did Australia achieve before COVID-19?
How many consecutive years without recession did Australia achieve before COVID-19?
28 years
What was the total cost of the JobKeeper wage subsidy programme?
What was the total cost of the JobKeeper wage subsidy programme?
90 billion AUD
What are the three main labour market policy approaches?
What are the three main labour market policy approaches?
Training, job matching, wage subsidies
What is the minimum monthly points requirement in the Points Based Activation System?
What is the minimum monthly points requirement in the Points Based Activation System?
100 points
How many points does relocating for a job earn in the activation system?
How many points does relocating for a job earn in the activation system?
100 points
What percentage of 2023-24 migration visas were allocated for skilled workers?
What percentage of 2023-24 migration visas were allocated for skilled workers?
72%