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Miscellaneous Economics Mcqs

New classical economists advocate reducing welfare payments to people who are unemployed or single parents. The economic reasoning uses was that this would ?

Economics Mcqs, Miscellaneous Economics Mcqs /
New classical economists advocate reducing welfare payments to people who are unemployed or single parents. The economic reasoning uses was that this would ?

A. reduce poverty
B. reduce unemployment
C. weaken the power of trade unions
D. help small businesses

New classical economists advocate reducing welfare payments to people who are unemployed or single parents. The economic reasoning uses was that this would ? Read More »

Economics Mcqs, Miscellaneous Economics Mcqs

According to supply-side economists if taxes are cut so that people have an increased incentive to work and businesses have an increased incentive to invest ?

Economics Mcqs, Miscellaneous Economics Mcqs /
According to supply-side economists if taxes are cut so that people have an increased incentive to work and businesses have an increased incentive to invest ?

A. aggregate supply will increase , aggregate demand will decrease
B. aggregate supply will increase, aggregate output will increase and the price level will decrease
C. aggregate supply will increase aggregate output will increase and the price level will increase
D. both aggregate supply and demand will increase and the price level will increase

According to supply-side economists if taxes are cut so that people have an increased incentive to work and businesses have an increased incentive to invest ? Read More »

Economics Mcqs, Miscellaneous Economics Mcqs

A group of economists argue that the real problem with the economy is high rates of taxation and heavy regulation that reduce the incentives to work save and invest these economists are ?

Economics Mcqs, Miscellaneous Economics Mcqs /
A group of economists argue that the real problem with the economy is high rates of taxation and heavy regulation that reduce the incentives to work save and invest these economists are ?

A. supply side economists
B. neo-Keynesian economists
C. rational -expectations economists
D. New classical economists

A group of economists argue that the real problem with the economy is high rates of taxation and heavy regulation that reduce the incentives to work save and invest these economists are ? Read More »

Economics Mcqs, Miscellaneous Economics Mcqs

According to the paradox of thrift increased efforts to save will cause ?

Economics Mcqs, Miscellaneous Economics Mcqs /
According to the paradox of thrift increased efforts to save will cause ?

A. an increase in income and an increase in overall saving
B. a decrease in income and an overall decrease in saving
C. a decrease in income but an increase in saving
D. an increase in income but no overall change in saving

According to the paradox of thrift increased efforts to save will cause ? Read More »

Economics Mcqs, Miscellaneous Economics Mcqs

In macroeconomics, equilibrium is defined as that point at which ?

Economics Mcqs, Miscellaneous Economics Mcqs /
In macroeconomics, equilibrium is defined as that point at which ?

A. aggregate output equals consumption minus investment
B. saving equals consumption
C. Planned aggregate expenditure equals aggregate output
D. planned aggregate expenditure equals consumption

In macroeconomics, equilibrium is defined as that point at which ? Read More »

Economics Mcqs, Miscellaneous Economics Mcqs