The accelerator assumes ?

Related Mcqs:

1. The multiplier accelerator model assumes ____ depends on ______?

   A. consumption expected future profits
   B. investment, interest rates
   C. investment expected future profits
   D. stock building interest rates

2. The accelerator theory of investment says that induced investment is determined by ?

   A. the level of national income
   B. the level of aggregate demand
   C. the rate of change of national income
   D. expectations

3. The law of diminishing returns assumes ?

   A. There are no fixed factors of production
   B. There are no variable factors of production
   C. Utility is maximised when marginal product falls
   D. Some factors of production are fixed

4. Economics assumes that people consume goods and services to achieve ?

   A. Status
   B. Prestige
   C. Utility
   D. Self-esteem

5. The Heckshcer-Ohl assumes that are indentical between countries?

   A. tastes and preferences
   B. technology levels
   C. factor indowments
   D. Both A and B

6. The Human Development Report 2003, which assumes that poverty is multidimensional calculates a human poverty index based on which of the following measures of deprivation ?

   I- probability at birth of not surviving to age 40
   II- adult illiteracy rate
   III- negative economic growth
   IV- lack of a decent standard of living

   A. I and II only
   B. III and IV only
   C. I, II and III only
   D. I, II and IV

7. The Kinked Demand curve theory assumes ?

   A. Firms cooperate
   B. Firms act as part of cartel
   C. Firms are competitive
   D. Firms are not profit maximisers

8. The marginal product model assumes that ?

   A. individuals pay the full cost of their education
   B. government subsidizes schooling
   C. education persons migrate more
   D. capital and unskilled labor are complements

9. A medical model of deviance assumes that it is caused by_________________?

   A. illness
   B. abnormality
   C. mental defects
   D. all of the above

10. The synthesis of the elitist and pluralist approaches realist democracy assumes that_____________?

    A. voters do have a choice in elite competition
    B. the elites have a consensus on basic democracy
    C. new groups can become the new elite
    D. all of the above