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Miscellaneous Economics Mcqs

Economic growth can be seen by an outward shift of ?

September 11, 2021May 31, 2019 by admin
Economic growth can be seen by an outward shift of ?

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

Categories Economics Mcqs, Miscellaneous Economics Mcqs

Labour Productivity measures ?

September 11, 2021May 31, 2019 by admin
Labour Productivity measures ?

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

Categories Economics Mcqs, Miscellaneous Economics Mcqs

In a recession, GDP ?

September 11, 2021May 31, 2019 by admin
In a recession, GDP ?

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

Categories Economics Mcqs, Miscellaneous Economics Mcqs

Economic growth can be measured by ?

September 11, 2021May 31, 2019 by admin
Economic growth can be measured by ?

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

Categories Economics Mcqs, Miscellaneous Economics Mcqs

A reflationary policy ?

September 11, 2021May 31, 2019 by admin
A reflationary policy ?

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

Categories Economics Mcqs, Miscellaneous Economics Mcqs

For equilibrium in an open four sector economy ?

September 11, 2021May 31, 2019 by admin
For equilibrium in an open four sector economy ?

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

Categories Economics Mcqs, Miscellaneous Economics Mcqs

If injections are greater than withdrawals ?

September 11, 2021May 31, 2019 by admin
If injections are greater than withdrawals ?

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

Categories Economics Mcqs, Miscellaneous Economics Mcqs

An increase in national income is likely to ?

September 11, 2021May 31, 2019 by admin
An increase in national income is likely to ?

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

Categories Economics Mcqs, Miscellaneous Economics Mcqs

An increase in national income is ?

September 11, 2021May 31, 2019 by admin
An increase in national income is ?

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

Categories Economics Mcqs, Miscellaneous Economics Mcqs

Companies in the private sector are owned by ?

September 11, 2021May 31, 2019 by admin
Companies in the private sector are owned by ?

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

Categories Economics Mcqs, Miscellaneous Economics Mcqs
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