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Long Term Economic Growth

Economic growth may depend upon _____ and _____?

September 11, 2021June 1, 2019 by admin
Economic growth may depend upon _____ and _____?

A. Population size, x-efficiency
B. Population age distribution, education
C. Population growth technical progress
D. Population growth education

Categories Economics Mcqs, Long Term Economic Growth

In the neoclassical theory of growth a higher saving rate leads to ?

September 11, 2021June 1, 2019 by admin
In the neoclassical theory of growth a higher saving rate leads to ?

A. a higher growth rates
B. a fluctuating growth rate
C. a fluctuating growth rates
D. no change in the growth rate

Categories Economics Mcqs, Long Term Economic Growth

Potential output can be increased by ____ or by ______?

September 11, 2021June 1, 2019 by admin
Potential output can be increased by ____ or by ______?

A. increasing the use of labor increasing the use of land
B. increasing the use of capital increasing the use of labour
C. increasing the use of land increasing the use of capital
D. increasing the use of all inputs, technical advances

Categories Economics Mcqs, Long Term Economic Growth

Supply side policies are considered effective in ?

September 11, 2021June 1, 2019 by admin
Supply side policies are considered effective in ?

A. Increasing government expenditure
B. reducing taxation
C. increasing the money supply
D. encouraging technological progress

Categories Economics Mcqs, Long Term Economic Growth

Identify below what does NOT affect productivity ?

September 11, 2021June 1, 2019 by admin
Identify below what does NOT affect productivity ?

A. Public investment in education
B. Innovation and the application of new technology
C. The phase of the lunar cycle
D. Private investment in new physical caital

Categories Economics Mcqs, Long Term Economic Growth

Policies to encourage productivity do not include ?

September 11, 2021June 1, 2019 by admin
Policies to encourage productivity do not include ?

A. building more retail outlets
B. encouraging risk-taking
C. encouraging innovation
D. encouraging R & D

Categories Economics Mcqs, Long Term Economic Growth

The percentage of the working age population that is part of the workforce is known as the ?

September 11, 2021June 1, 2019 by admin
The percentage of the working age population that is part of the workforce is known as the ?

A. workers
B. non-slackers
C. diligent rate
D. participation rate

Categories Economics Mcqs, Long Term Economic Growth

The golden-rule saving rate is the rate of saving that ?

September 11, 2021June 1, 2019 by admin
The golden-rule saving rate is the rate of saving that ?

A. gets the highest rate of interest
B. maximizes the level of long-run investment
C. maximizes the level of long-run consumption
D. maximizes human capital

Categories Economics Mcqs, Long Term Economic Growth

Identify below what is NOT considered to be a cause of economic growth ?

September 11, 2021June 1, 2019 by admin
Identify below what is NOT considered to be a cause of economic growth ?

A. An increase in the quantity of labor and capital
B. An increase in labor productivity
C. An increase in the money supply
D. An increase in technology

Categories Economics Mcqs, Long Term Economic Growth

Economic growth is important because ?

September 11, 2021June 1, 2019 by admin
Economic growth is important because ?

A. People want less crime
B. People want to be happier
C. People want a better environment
D. People want higher incomes and more consumer goods.

Categories Economics Mcqs, Long Term Economic Growth
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