Economics Mcqs

Which indicator/s is/are used in the Human Development Index(HDI)?

Byadmin August 9, 2021July 17, 2022

Which indicator/s is/are used in the Human Development Index(HDI)?

A. Standard of Living
B. Life Expectancy
C. Education
D. All

Economics Mcqs | The Aggregate Demand Aggregate Supply Model

Suppose the price level falls but suppliers only notice that the price of their particular product has fallen Thinking there has been a fall in the relative price of their product they cut back on production, This is a demonstration of the ?

Suppose the price level falls but suppliers only notice that the price of their particular product has fallen Thinking there has been a fall in the relative price of their product they cut back on production, This is a demonstration of the ?

A. misperceptions theory of the short run aggregate supply curve
B. classical dichotomy theory of the short run aggregate supply curve
C. sticky price theory of the short run aggregate supply curve
D. sticky wage theory of the short run aggregate supply curve

Read More Suppose the price level falls but suppliers only notice that the price of their particular product has fallen Thinking there has been a fall in the relative price of their product they cut back on production, This is a demonstration of the ?
Economics Mcqs | Regional Trading Arrangements

Which level of economic integration best applies to the U.S economy ?

Which level of economic integration best applies to the U.S economy ?

A. free trade area
B. customs union
C. common market
D. monetary union

Read More Which level of economic integration best applies to the U.S economy ?
Economics Mcqs | World Economy (Miscellaneous)

The largest producer of fertilizer in the world is ?

The largest producer of fertilizer in the world is ?

A. Russia
B. China
C. USA
D. Japan

Read More The largest producer of fertilizer in the world is ?
Economics Mcqs | Exchange-Rate Determination

Starting from a position where the nation’s money demand equals the money supply and its balance of payments is in equilibrium its balance of payments would move into a surplus position if there occurred in the nation a (an) ?

Starting from a position where the nation’s money demand equals the money supply and its balance of payments is in equilibrium its balance of payments would move into a surplus position if there occurred in the nation a (an) ?

A. decrease in the money supply
B. increase in the money supply
C. decrease in the money demand
D. None of the above

Read More Starting from a position where the nation’s money demand equals the money supply and its balance of payments is in equilibrium its balance of payments would move into a surplus position if there occurred in the nation a (an) ?
Economics Mcqs | Introduction To Economics

Which of the following situations describes the greatest market power ?

Which of the following situations describes the greatest market power ?

A. Subaru’s impact on the price f cars
B. a farmer’s impact on the price of corn
C. Microsoft’s impact on the price of desktop operating systems
D. a student’s impact on college tuition

Read More Which of the following situations describes the greatest market power ?
Economics Mcqs | Macroeconomic Issues and Analysis

If the economy is in the though phase of the business cycle, aggregate demand ____ unemployment ______ inflation ______ and the current account of the balance of payments is likely to move towards ________?

If the economy is in the though phase of the business cycle, aggregate demand ____ unemployment ______ inflation ______ and the current account of the balance of payments is likely to move towards ________?

A. falls; falls; falls; surplus
B. falls; rises; falls; surplus
C. is static; low; rises; deficit
D. rises; falls; rises; deficit

Read More If the economy is in the though phase of the business cycle, aggregate demand ____ unemployment ______ inflation ______ and the current account of the balance of payments is likely to move towards ________?

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