1 The growth or realisation of a person's ability and potential through the provision of learning and educational experiences.
2 The planned and systematic modification of behaviour through learning events, programmes and instruction which
enableindividuals to achieve the level of knowledge, skills and competences to carry out their work effectively.Which of the
following is correct?
Rationale： It is important to separate development, training and education in your mind for thissyllabus. Development is the growth of a person's potential. Training is a planned learning event. Education is knowledge that is acquired gradually by
learning or instruction.
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Monetary policy is a government economic policy relating to:
1 Interest rates
2 Taxation
3 Public borrowing and spending
4 Exchange rates
Which of the above are correct?
Which of the following organisations might benefit from a period of high price inflation?
Which of the following are the goals of macroeconomic policy?
1 Encouraging economic growth
2 Low unemployment
3 Achievement of a balance between exports and imports
4 Achieving zero inflation
Which of the following is an example of cyclical unemployment?
A surplus on the balance of payments usually refers to a surplus or deficit on the account.Which word correctly complete this statement?
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