A. Dearness
B. Deflation
C. Stagflation
D. Unanticipated
Related Mcqs:
- Increases in the price level resulting from an excess of demand over output at the existing price level, caused by an increase in aggregate demand ?
A. Demand pull inflation
B. Stagflation
C. Both
D. None - Recurring increase and decrease in the level of economic activity over periods of years?
A. Business cycle
B. Cyclic flow
C. Both
D. None - A legally determined price above the equilibrium price is__________________?
A. Floor price
B. Ceiling price
C. Equilibrium price
D. None - Other thing remain the same as price rises, the corresponding quantity supplied rises, as price falls the quantity supplied falls is___________________?
A. Say’s law
B. Keynes theory of supply
C. Law of supply
D. None - 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 - An accounting item which increase the value of an asset___________________?
A. Debit
B. Credit
C. Loan
D. None - A bank which lends to developing nations to help them increase their capital stock and this achieve economic growth ?
A. IMF
B. Islamic Bank
C. Commercial bank
D. None - A technological innovation that increase the production while using the same capital input?
A. Capital saving technological process
B. Production intensive technique
C. Capital intensive technique
D. None - Advantage that occurs to individual or society as a whole as a result of increase in the consumption of certain types of goods or services by other individuals ?
A. Consumption economics
B. Consumption function
C. Consumption surplus
D. Consumer demand - 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
