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

September 11, 2021May 31, 2019 by admin
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

Categories Economics Mcqs, Miscellaneous Economics Mcqs

The marginal propensity to withdraw is ?

September 11, 2021May 31, 2019 by admin
The marginal propensity to withdraw is ?

A. 1/investment multiplier
B. 1-(1/injections multiplier
C. MPS + MPT + MPM
D. the proportion of national income that is withdraw from the circular flow of income

Categories Economics Mcqs, Miscellaneous Economics Mcqs

As the MPS increases the multiplier will ?

September 11, 2021May 31, 2019 by admin
As the MPS increases the multiplier will ?

A. decrease
B. remain constant
C. increase
D. either increase or decrease depending on the size of the change in investment

Categories Economics Mcqs, Miscellaneous Economics Mcqs

Keynes suggested that decisions to consume and save were based on ?

September 11, 2021May 31, 2019 by admin
Keynes suggested that decisions to consume and save were based on ?

A. previous decisions
B. absolute income
C. relative income
D. permanent income

Categories Economics Mcqs, Miscellaneous Economics Mcqs

The fraction of change in income that is consumed or spend is called ?

September 11, 2021May 31, 2019 by admin
The fraction of change in income that is consumed or spend is called ?

A. the marginal propensity of expenditure
B. the marginal propensity to save
C. the average propensity to consume
D. the marginal propensity to consume

Categories Economics Mcqs, Miscellaneous Economics Mcqs

A variable whose value is determined by the model of which it is a part is termed ?

September 11, 2021May 31, 2019 by admin
A variable whose value is determined by the model of which it is a part is termed ?

A. exogenous
B. constant
C. endogenous
D. independent

Categories Economics Mcqs, Miscellaneous Economics Mcqs

Open Market Operations occur when the government ?

September 11, 2021May 31, 2019 by admin
Open Market Operations occur when the government ?

A. Reduces the interest rate
B. Buys and sells bonds and securities
C. Increases taxation
D. Increase the exchange rate

Categories Economics Mcqs, Miscellaneous Economics Mcqs

The speculative demand for money occurs when ?

September 11, 2021May 31, 2019 by admin
The speculative demand for money occurs when ?

A. Individuals hold money just in case an emergency happens
B. Individuals hold money to buy things
C. Individuals hold money rather than other assets because they are worried about the price of the other assets falling
D. Individuals hold money to shop

Categories Economics Mcqs, Miscellaneous Economics Mcqs

A reduction in the money supply is likely to ?

September 11, 2021May 31, 2019 by admin
A reduction in the money supply is likely to ?

A. Reduce the interest rate
B. Increase the interest rate
C. Increase inflation
D. Decrease deflation

Categories Economics Mcqs, Miscellaneous Economics Mcqs

A fall in interest rates is likely to ?

September 11, 2021May 31, 2019 by admin
A fall in interest rates is likely to ?

A. Increase aggregate demand
B. Increase savings
C. Decrease consumption
D. Decrease exports

Categories Economics Mcqs, Miscellaneous Economics Mcqs
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