Search
.Management Sciences
Category: The National Economy
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
Aggregate supply is the total amount ?
A. produced by the government
B. of products produced by a given industry
C. of labor supplied by all households
D. of goods and services produced in an economy
Purchasing power parity exchange rates are used to ?
A. compare living standards of different countries
B. pay wages b multinational companies
C. estimate the costs of economic growth
D. convert nominal GDP to real GDP
Recent Comments