A. Aggregate demand
B. Total effective demand
C. Total expenditure
D. All
Related Mcqs:
- An increase either in real output (GDP) or in real output per capita is called___________________?
A. Economic development
B. Economic growth
C. Growth rate
D. Economic efficiency - A measure of average output or real output per unit of input is called____________________?
A. Efficiency
B. Production
C. Productivity
D. None - The total number of people living below a specified minimum level of real income, an international poverty line, is called ?
A. Relative poor
B. Real poverty
C. Absolute poor
D. None - Increasing a country’s stock of real capital (net investment in fixed essels)__________________?
A. Capital accumulation
B. Capital dumping
C. Capital stock
D. None - The implicit change in real income resulting from the effects of a change in a commodity’s price on quantity demand?
A. Income effect
B. Substitution effect
C. Labour effect
D. All - Power of a good/ service to satisfy human desire/want is called____________________?
A. Utility
B. Worth
C. The point of satiety
D. All of these - The role of power in economic decision making is studied in________________?
A. Development economics
B. Traditional economics
C. Political economics
D. None of these - The emigration of highly skilled and educated professionals and technical man power from developing to developed countries?
A. Capital flight
B. Immigration
C. Brain Drain
D. All - Employment available resources so that the maximum amount of goods and services is produced?
A. Large scale production
B. Full production
C. Fringe benefits
D. None - Problems that occur to the individuals or society as a whole as a result of the unpopular consumption habits. Of another individual e.g drug addiction ?
A. Ammunity
B. Commune
C. Consumption diseconomies
D. None of these
