Miscellaneous Economics Mcqs

A. product market demand is problematic
B. resource market demand is problematic
C. the distribution of income becomes more inequitable
D. all of the above

A. “market basket of goods
B. the consumer price index
C. 165 social indicators
D. the externalities index

A. are unrelated concepts
B. amount to the same thing
C. are closely related to price
D. are closely related to supply

A. dissaving’s
B. withdrawals
C. incremental
D. injections

A. the nuclear family
B. the extended family
C. everyone who lives under one roof
D. all of the above

A. incidentals
B. withdrawals
C. injections
D. B and C only

A. maintaining current standards of living in spite of increasing population
B. increasing GNP per capita
C. approximately 4% growth rate per year
D. all of the above

A. full employment
B. price stability
C. adequate economic growth
D. all of the above

A. no flexibility
B. no provision for public goods
C. no profit motives
D. responsiveness to demand

A. market forces
B. key economic indicators
C. thesis and antithesis
D. causes of inflation