Miscellaneous Economics Mcqs

A. The Production Possibility Frontier
B. The Gross Domestic Barrier
C. The Marginal Consumption Frontier
D. The Minimum Efficient Scale

A. The output per worker
B. The output per machine
C. Total output
D. Marginal output

A. Grows negatively
B. Grows slowly
C. Grows by 0%
D. Grows rapidly

A. The CPI
B. The CBI
C. GDP
D. MPC

A. increase injections
B. Reducing taxation rates
C. Reducing interest rates
D. Reducing government spending

A. Actual injections = actual withdrawals
B. Planned injections = planned withdrawals
C. Savings = investment
D. Government spending = tax revenue

A. National income will increase
B. National income will decrease
C. National income will stay in equilibrium
D. Price will fall

A. Decrease tax receipts
B. Worsen the balance of trade
C. Automatically cause an increase in government spending
D. causes an increase in injections into the economy

A. Likely in increase exports
B. Likely to decrease savings
C. Likely to decrease investment
D. Likely to increase spending on imports

A. The government
B. holders
C. Employees
D. The community