Miscellaneous Economics Mcqs

A. Is likely to reduce savings
B. Is likely to reduce the external value of the currency
C. Leads to a shift in the MEC schedule
D. Leads to a movement along the MEC schedule

A. Lower interest rates
B. Lower national income
C. A decrease in the marginal propensity to consume
D. An increase in withdrawals

A. Past income
B. Current income
C. Disposable income
D. permanent income

A. A fall is savings
B. An increase in exports
C. A fall in taxation revenue
D. A decrease in import spending

A. 0.8
B. 800
C. 810
D. 0.81

A. 0.8
B. 800
C. 810
D. 0.81

A. 10
B. 1
C. 9
D. 0.1

A. Lagging indicators
B. Flashing indicator
C. Coincidental indicators
D. Leading indicators

A. Zero
B. Negative
C. Where the marginal social benefit = the marginal social cost
D. Total social costs are minimised

A. the growth of the fastest economy in the world
B. The fastest growth an economy has ever achieved
C. The present rate of growth of an economy
D. The rate of growth that could be achieved if resources were fully employed