If labour productivity per week is 200 units and there are 5 employees what is the total output ?
A. 40 units
B. 195 units
C. 1000 units
D. 200 units
QuizMaster
In a boom ?
In a boom ?
A. Unemployment is likely to fall
B. Prices are likely to fall
C. Demand is likely to fall
D. Imports are likely to grow
Which of the following is an injection into the economy ?
Which of the following is an injection into the economy ?
A. Investment
B. Savings
C. Taxation
D. Imports spending
A deflationary policy could include ?
A deflationary policy could include ?
A. increasing injections
B. Reducing taxation rates
C. Reducing interest rates
D. Reducing government spending
Injections are?
Injections are?
A. Assumed to be exogenous
B. Assumed to be a function of national income
C. Decrease aggregate demand
D. Decrease the investment into an economy
A significant increase in the government budget deficit is likely to ?
A significant increase in the government budget deficit is likely to ?
A. Reduce injections into the economy
B. Reduce national income
C. Move the economy away from full employment
D. Boost aggregate demand
Injections ?
Injections ?
A. Decrease aggregate demand
B. Always equal savings
C. Always equal national income
D. include investment and export spending
An independent assessment of the impact of firm’s activities on society is called a ?
An independent assessment of the impact of firm’s activities on society is called a ?
A. Financial audit
B. Balance sheet
C. Profit and loss account
D. Social audit
If the marginal revenue is Positive ?
If the marginal revenue is Positive ?
A. Selling another unit will increase total revenue
B. Selling another unit will increase profits
C. Selling another unit will increase costs
D. Selling another unit will increase average revenue
To be Productively efficient a firm must produce where ?
To be Productively efficient a firm must produce where ?
A. Marginal costs are maximized
B. Marginal costs are Minimized
C. Average costs are minimized
D. Average costs are maximized