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Which of the following statements about economic fluctuations is true ?

Which of the following statements about economic fluctuations is true ?

A. None of these answers
B. A depression is a mild recession
C. A variety of spending income, and output measures can be used to measure economic fluctuation because most macroeconomic quantitties tend to fluctuate together
D. A recession is when output rises above the natural rate of output

Which of the following statements about economic fluctuations is true ? Read More »

Economics Mcqs, The Aggregate Demand Aggregate Supply Model

Historically countries at early stages of rapid economic development have tender to experience ?

Historically countries at early stages of rapid economic development have tender to experience ?

A. trade deficit and an excess of investment over domestic saving
B. trade surplus and an excess of investment over domestic saving
C. trade deficits and an excess of domestic savings over investment
D. trade surpluses and an excess of domestic saving over investment

Historically countries at early stages of rapid economic development have tender to experience ? Read More »

Economics Mcqs, The Balance of Payments

The difference between a country’s balance of payments and its balance of international indebtedness?

The difference between a country’s balance of payments and its balance of international indebtedness?

A. is equal to official reserve transactions
B. occurs because of foreign exchange fluctuations
C. reflects statistical discrepancies
D. reflects the difference between flow and stock concepts

The difference between a country’s balance of payments and its balance of international indebtedness? Read More »

Economics Mcqs, The Balance of Payments