Economics Mcqs

A. consumption
B. investment
C. exports
D. work in the home

A. At the present time
B. corrected for tax changes
C. corrected for changes in interest rates
D. At current prices

A. consumption investment exports
B. investment exports transfer payments
C. investment government expenditure exports
D. taxes exports, transfer payments

A. a final good
B. an intermediate good
C. an injection
D. a leakage

A. unemployment
B. inflation
C. economic growth
D. All of the above

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

A. taxes
B. prices
C. exchange rates
D. interest rates

A. investment + tax + exports
B. savings + government expenditure + exports
C. investment + government expenditure + imports
D. investment + government expenditure + exports

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

A. the slump to the expansion
B. peak to peak
C. peak to trough
D. trough to peak