A. equal
B. be less than
C. be greater than
D. be less or greater than
In the circular flow we would expect leakages to ___________ injections? Read More »
Economics Mcqs, The National Economy A. investment, savings, government expenditure
B. savings, taxes net of subsidies imports
C. consumption investment government expenditure
D. consumption taxes imports
Leakages from the circular flow are _________ and __________? Read More »
Economics Mcqs, The National Economy A. 3>2>1
B. 3=2=1
C. 3<2<1
D. any measure can be larger or smaller than any other
A. resources and efficiency
B. money and efficiency
C. money and luck
D. resources and a good climate
Two of the major factors contributing to growth are ? Read More »
Economics Mcqs, The National Economy A. legal transactions
B. part of the rail network
C. legal transactions not declared for tax and illegal activities
D. the water distribution system
The underground economy consists of ? Read More »
Economics Mcqs, The National Economy A. Injections = withdrawals
B. There is a Bank Holiday
C. Injections withdrawals
D. None of these
Equilibrium in the circular flow of income occurs when ? Read More »
Economics Mcqs, The National Economy A. consumption savings and taxes
B. savings government expenditure and imports
C. savings taxes and exports
D. savings taxes and imports
Total withdrawals from the circular flow of income include ? Read More »
Economics Mcqs, The National Economy A. landlords
B. peasants
C. The army
D. politicians
According to the classical economists, the only gainers from growth would be ? Read More »
Economics Mcqs, The National Economy A. Increasing North Sea oil production
B. Reducing unemployment
C. Achieving a sustainable rate of economic growth
D. Reducing inflation
Indicate below what is NOT a main macroeconomic goal ? Read More »
Economics Mcqs, The National Economy A. three years
B. six months
C. a year
D. two years
