A. resources and efficiency
B. money and efficiency
C. money and luck
D. resources and a good climate
Two of the major factors contributing to growth are ? Read More »
Economics Mcqs, The National Economy A. legal transactions
B. part of the rail network
C. legal transactions not declared for tax and illegal activities
D. the water distribution system
The underground economy consists of ? Read More »
Economics Mcqs, The National Economy A. Injections = withdrawals
B. There is a Bank Holiday
C. Injections withdrawals
D. None of these
Equilibrium in the circular flow of income occurs when ? Read More »
Economics Mcqs, The National Economy A. consumption savings and taxes
B. savings government expenditure and imports
C. savings taxes and exports
D. savings taxes and imports
Total withdrawals from the circular flow of income include ? Read More »
Economics Mcqs, The National Economy A. landlords
B. peasants
C. The army
D. politicians
According to the classical economists, the only gainers from growth would be ? Read More »
Economics Mcqs, The National Economy A. Increasing North Sea oil production
B. Reducing unemployment
C. Achieving a sustainable rate of economic growth
D. Reducing inflation
Indicate below what is NOT a main macroeconomic goal ? Read More »
Economics Mcqs, The National Economy A. three years
B. six months
C. a year
D. two years
A. wholesale price index (WPI)
B. GDP deflator
C. Producer price index (PPI)
D. consumer price index
The index used most often to measure inflation is the? Read More »
Economics Mcqs, The National Economy A. unemployment rate
B. labor force rate
C. employment rate
D. unemployment population ratio
The percentage of the labor force that is unemployed is the ? Read More »
Economics Mcqs, The National Economy A. income-expenditures diagram
B. aggregate demand-aggregate supply diagram
C. circular flow diagram
D. income-price diagram
