A. three years
B. six months
C. a year
D. two years
0
The index used most often to measure inflation is the?
0
The percentage of the labor force that is unemployed is the ?
A. wholesale price index (WPI)
B. GDP deflator
C. Producer price index (PPI)
D. consumer price index
0
The diagram that shows the income received and payments made by each sector of the economy is the ?
A. unemployment rate
B. labor force rate
C. employment rate
D. unemployment population ratio
0
Higher export demand __________ output and a higher MPZ __________ output?
A. income-expenditures diagram
B. aggregate demand-aggregate supply diagram
C. circular flow diagram
D. income-price diagram
0
when the level of income _________ there will be a tendency for the trade balance to improve as imports?
A. reduces, reduces
B. reduces, increase
C. increase, reduces
D. increases, increases
0
Aggregate demand in an economy trading internationally with a government sector can be written as ?
A. increase, increase
B. falls, increase
C. falls, fall
D. increase, fall
0
Starting from a balanced budget, for a given tax rate, an increasing in income will cause the government budget to ?
A. AD = C + I
B. AD = C + I + G
C. AD = C + I + G + X + Z
D. AD = C + I + G + X – Z
0
Aggregate demand without a foreign sector is the sum of ?
A. move into surplus
B. move into deficit
C. remain unchanged
D. None of the above above
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