A. consumption
B. investment
C. exports
D. work in the home
Real GNP is a crude measure of national welfare because it excludes ? Read More »
Economics Mcqs, The National Economy A. At the present time
B. corrected for tax changes
C. corrected for changes in interest rates
D. At current prices
Nominal GNP measures income ? Read More »
Economics Mcqs, The National Economy A. consumption investment exports
B. investment exports transfer payments
C. investment government expenditure exports
D. taxes exports, transfer payments
Injection into the circular flow are ______ and __________? Read More »
Economics Mcqs, The National Economy A. a final good
B. an intermediate good
C. an injection
D. a leakage
In the economy when a steel producer sells steel to car producer it is regarded as ? Read More »
Economics Mcqs, The National Economy A. unemployment
B. inflation
C. economic growth
D. All of the above
The key issues of macroeconomics are ? Read More »
Economics Mcqs, The National Economy 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
Purchasing power parity exchange rates are used to ? Read More »
Economics Mcqs, The National Economy A. taxes
B. prices
C. exchange rates
D. interest rates
Real GDP is nominal GDP measured in constant ? Read More »
Economics Mcqs, The National Economy A. investment + tax + exports
B. savings + government expenditure + exports
C. investment + government expenditure + imports
D. investment + government expenditure + exports
Total injection are made up of? Read More »
Economics Mcqs, The National Economy 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
Aggregate demand includes only ? Read More »
Economics Mcqs, The National Economy A. the slump to the expansion
B. peak to peak
C. peak to trough
D. trough to peak
The length of a business cycle would be measured from ? Read More »
Economics Mcqs, The National Economy