A. Decrease consumption
B. Increase aggregate demand
C. Reduce aggregate supply
D. Slow economic growth
Miscellaneous Economics Mcqs
Miscellaneous Economics Mcqs
A. Total spending / total consumption
B. Total consumption / total income
C. change in consumption / change in income
D. Change in consumption / change in savings
A. Decrease consumption
B. increase cost of borrowing
C. Encourage saving
D. Increase spending
A. The average propensity to consume gets nearer in value of the marginal propensity to consume
B. The average propensity to consume diverges in value from the marginal propensity to consume
C. The average propensity to consume falls
D. The average propensity to consume always approaches 0
A. increase the size of the multiplier
B. Increase the marginal propensity to save
C. Decrease national income
D. Reduce injections into the economy
A. GDP increase
B. Inflation is likely to increase
C. Stock levels are likely to increase
D. Investment in equipment is likely to increase
A. 0.8
B. 800
C. 810
D. 0.81
A. The Production Possibility Frontier
B. The Gross Domestic Barrier
C. The Marginal Consumption Frontier
D. The Minimum Efficient Scale
A. The output per worker
B. The output per machine
C. Total output
D. Marginal output
A. Grows negatively
B. Grows slowly
C. Grows by 0%
D. Grows rapidly