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Miscellaneous Economics Mcqs

If labour productivity per week is 200 units and there are 5 employees what is the total output ?

September 11, 2021May 31, 2019 by admin
If labour productivity per week is 200 units and there are 5 employees what is the total output ?

A. 40 units
B. 195 units
C. 1000 units
D. 200 units

Categories Economics Mcqs, Miscellaneous Economics Mcqs

Which of the following is an injection into the economy ?

September 11, 2021May 31, 2019 by admin
Which of the following is an injection into the economy ?

A. Investment
B. Savings
C. Taxation
D. Imports spending

Categories Economics Mcqs, Miscellaneous Economics Mcqs

A deflationary policy could include ?

September 11, 2021May 31, 2019 by admin
A deflationary policy could include ?

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

Categories Economics Mcqs, Miscellaneous Economics Mcqs

Injections are?

September 11, 2021May 31, 2019 by admin
Injections are?

A. Assumed to be exogenous
B. Assumed to be a function of national income
C. Decrease aggregate demand
D. Decrease the investment into an economy

Categories Economics Mcqs, Miscellaneous Economics Mcqs

A significant increase in the government budget deficit is likely to ?

September 11, 2021May 31, 2019 by admin
A significant increase in the government budget deficit is likely to ?

A. Reduce injections into the economy
B. Reduce national income
C. Move the economy away from full employment
D. Boost aggregate demand

Categories Economics Mcqs, Miscellaneous Economics Mcqs

Injections ?

September 11, 2021May 31, 2019 by admin
Injections ?

A. Decrease aggregate demand
B. Always equal savings
C. Always equal national income
D. include investment and export spending

Categories Economics Mcqs, Miscellaneous Economics Mcqs

An independent assessment of the impact of firm’s activities on society is called a ?

September 11, 2021May 31, 2019 by admin
An independent assessment of the impact of firm’s activities on society is called a ?

A. Financial audit
B. Balance sheet
C. Profit and loss account
D. Social audit

Categories Economics Mcqs, Miscellaneous Economics Mcqs

If the marginal revenue is Positive ?

September 11, 2021May 31, 2019 by admin
If the marginal revenue is Positive ?

A. Selling another unit will increase total revenue
B. Selling another unit will increase profits
C. Selling another unit will increase costs
D. Selling another unit will increase average revenue

Categories Economics Mcqs, Miscellaneous Economics Mcqs

To be Productively efficient a firm must produce where ?

September 11, 2021May 31, 2019 by admin
To be Productively efficient a firm must produce where ?

A. Marginal costs are maximized
B. Marginal costs are Minimized
C. Average costs are minimized
D. Average costs are maximized

Categories Economics Mcqs, Miscellaneous Economics Mcqs

When marginal revenue equals marginal cost ?

September 11, 2021May 31, 2019 by admin
When marginal revenue equals marginal cost ?

A. Total revenue equals total cost
B. There is the biggest positive difference between total revenue and total cost
C. There is the biggest negative difference between total revenue and total cost
D. Profits are Zero

Categories Economics Mcqs, Miscellaneous Economics Mcqs
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