Miscellaneous Economics Mcqs

A. 10
B. 1
C. 9
D. 0.1

A. Lagging indicators
B. Flashing indicator
C. Coincidental indicators
D. Leading indicators

A. Zero
B. Negative
C. Where the marginal social benefit = the marginal social cost
D. Total social costs are minimised

A. the growth of the fastest economy in the world
B. The fastest growth an economy has ever achieved
C. The present rate of growth of an economy
D. The rate of growth that could be achieved if resources were fully employed

A. 40 units
B. 195 units
C. 1000 units
D. 200 units

A. Unemployment is likely to fall
B. Prices are likely to fall
C. Demand is likely to fall
D. Imports are likely to grow

A. Investment
B. Savings
C. Taxation
D. Imports spending

A. increasing injections
B. Reducing taxation rates
C. Reducing interest rates
D. Reducing government spending

A. Assumed to be exogenous
B. Assumed to be a function of national income
C. Decrease aggregate demand
D. Decrease the investment into an economy

A. Reduce injections into the economy
B. Reduce national income
C. Move the economy away from full employment
D. Boost aggregate demand