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.Management Sciences
Category: The National Economy
Injection into the circular flow are ______ and __________?
A. consumption investment exports
B. investment exports transfer payments
C. investment government expenditure exports
D. taxes exports, transfer payments
Leakages from the circular flow are _________ and __________?
A. investment, savings, government expenditure
B. savings, taxes net of subsidies imports
C. consumption investment government expenditure
D. consumption taxes imports
Indicate below what is NOT a main macroeconomic goal ?
A. Increasing North Sea oil production
B. Reducing unemployment
C. Achieving a sustainable rate of economic growth
D. Reducing inflation
In an Open economy leakage to imports ____________ the value of the multiplier ?
A. reduce
B. increase
C. do not change
D. None of the above
Real GDP is nominal GDP measured in constant ?
A. taxes
B. prices
C. exchange rates
D. interest rates
Two of the major factors contributing to growth are ?
A. resources and efficiency
B. money and efficiency
C. money and luck
D. resources and a good climate
Aggregate demand includes only ?
A. consumer expenditure government expenditure and investment
B. consumer expenditure investment government expenditure and exports less imports
C. consumer debt investment debt and government debt
consumer expenditure and investment
In the circular flow we would expect leakages to ___________ injections?
A. equal
B. be less than
C. be greater than
D. be less or greater than
The key issues of macroeconomics are ?
A. unemployment
B. inflation
C. economic growth
D. All of the above
It has become conventional classify a recession as a period where national output falls for _________ or more?
A. three years
B. six months
C. a year
D. two years
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