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A way helping depressed regions by having wage subsidies lower business taxes and capital subsidies has been suggested as ?

Economics Mcqs, Supply-Side Policies /
A way helg depressed regions by having wage subsidies lower business taxes and capital subsidies has been suggested as ?

A. New classical economists.
B. Left wing theorists
C. interventionist policies.
D. monetarists.

A way helping depressed regions by having wage subsidies lower business taxes and capital subsidies has been suggested as ? Read More »

Economics Mcqs, Supply-Side Policies

New classical economists advocate reducing welfare payments to people who are unemployed or single parents. The economic reasoning used was that this would ?

Economics Mcqs, Supply-Side Policies /
New classical economists advocate reducing welfare payments to people who are unemployed or single parents. The economic reasoning used was that this would ?

A. reduce poverty
B. reduce unemployment
C. weaken the power of trade unions
D. help small businesses

New classical economists advocate reducing welfare payments to people who are unemployed or single parents. The economic reasoning used was that this would ? Read More »

Economics Mcqs, Supply-Side Policies

According to Supply-side economists. if taxes are cut so that people have an increased incentive to work and businesses have an increased incentive to invest ?

Economics Mcqs, Supply-Side Policies /
According to Supply-side economists. if taxes are cut so that people have an increased incentive to work and businesses have an increased incentive to invest ?

A. aggregate supply will increase will increase aggregate demand will decrease and the price level will decrease
B. aggregate supply will increase will increase aggregate output will increase and the price level will decrease
C. aggregate supply will increase will increase aggregate output will increase and the price level will increase
D. both aggregate supply and demand will increase will increase and the price level will increase

According to Supply-side economists. if taxes are cut so that people have an increased incentive to work and businesses have an increased incentive to invest ? Read More »

Economics Mcqs, Supply-Side Policies

A group of economists argue that the real problem with the economy is high rates of taxation and heavy regulation that reduce the incentives to work, save and invest. These economists are?

Economics Mcqs, Supply-Side Policies /
A group of economists argue that the real problem with the economy is high rates of taxation and heavy regulation that reduce the incentives to work, save and invest. These economists are?

A. Supply-side economics
B. neo-Keynesian economists
C. rational-expectations economists.
D. new classical economists.

A group of economists argue that the real problem with the economy is high rates of taxation and heavy regulation that reduce the incentives to work, save and invest. These economists are? Read More »

Economics Mcqs, Supply-Side Policies

Adam smith’s invisible hand concept suggests that a competitive market outcome ?

Economics Mcqs, Surplus /
Adam smith’s invisible hand concept suggests that a competitive market outcome ?

A. maximizes total surplus
B. generates equality among the members of society
C. minimizes total surplus
D. both maximizes total surplus and generates equality among the members of society

Adam smith’s invisible hand concept suggests that a competitive market outcome ? Read More »

Economics Mcqs, Surplus

Suppose that the price of a new bicycle is Rs300 Natalie values a new bicycle at Rs 400 it costs Rs200 for the seller to produce the new bicycle. What is the value of total surplus if Natalie buys a new bike ?

Economics Mcqs, Surplus /
Suppose that the price of a new bicycle is Rs300 Natalie values a new bicycle at Rs 400 it costs Rs200 for the seller to produce the new bicycle. What is the value of total surplus if Natalie buys a new bike ?

A. Rs500
B. Rs300
C. Rs200
D. Rs400

Suppose that the price of a new bicycle is Rs300 Natalie values a new bicycle at Rs 400 it costs Rs200 for the seller to produce the new bicycle. What is the value of total surplus if Natalie buys a new bike ? Read More »

Economics Mcqs, Surplus