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Which of the following statements supports deregulation of industries ?

Economics Mcqs, MCQs / Q&A /
Which of the following statements supports deregulation of industries ?

A. Technological change has made it possible for many industries to become more competitive
B. Because few real natural monopolies exist there is rarely a reason for government regulation
C. Many instances of government regulation have succeeded in reducing competition in industries where competition may be beneficial
D. All of the above

Which of the following statements supports deregulation of industries ? Read More »

Economics Mcqs, MCQs / Q&A

According to supply side economists as tax rates are reduced labour supply should increase. This implies that ?

Economics Mcqs, Miscellaneous Economics Mcqs /
According to supply side economists as tax rates are reduced labour supply should increase. This implies that ?

A. There is no income effect when tax rates are changed
B. The income effect of a wage change is greater than the substitution effect of a wage change.
C. There is no substitution effect when tax rates are changed
D. The substitution effect of a wage change is greater than the income effect of a wage change

According to supply side economists as tax rates are reduced labour supply should increase. This implies that ? Read More »

Economics Mcqs, Miscellaneous Economics Mcqs

Which of the following would be considered a supply-side policy ?

Economics Mcqs, MCQs / Q&A /
Which of the following would be considered a supply-side policy ?

A. An increase in the minimum wage that would cause consumer spending to increase
B. Investment tax credits for businesses to encourage investment
C. Restrictions placed on the amount that can be imported
D. An increased in government spending that would lead to increased aggregate demand

Which of the following would be considered a supply-side policy ? Read More »

Economics Mcqs, MCQs / Q&A

Assume there is no government or foreign setor, If the MPC is 75 a Rs20 million decrease in planned investment will cause aggregate output to decrease by ?

Economics Mcqs, Miscellaneous Economics Mcqs /
Assume there is no government or foreign setor, If the MPC is 75 a Rs20 million decrease in planned investment will cause aggregate output to decrease by ?

A. Rs80 million
B. Rs20 million
C. Rs 15 million
D. Rs26.67 million

Assume there is no government or foreign setor, If the MPC is 75 a Rs20 million decrease in planned investment will cause aggregate output to decrease by ? Read More »

Economics Mcqs, Miscellaneous Economics Mcqs

The ratio of change in the equilibrium level of output to a change in some autonomous variable is the ?

Economics Mcqs, Miscellaneous Economics Mcqs /
The ratio of change in the equilibrium level of output to a change in some autonomous variable is the ?

A. automatic stabiliser
B. multiplier
C. elasticity coefficient
D. marginal propensity of the autonomous variable

The ratio of change in the equilibrium level of output to a change in some autonomous variable is the ? Read More »

Economics Mcqs, Miscellaneous Economics Mcqs